Insurers and other members of the Financial Services Council might have to train thousands of managers and supervisors if the Government widens the scope of those eligibl...

The Financial Services Council has confirmed to a Parliamentary Committee that it wants life insurers to have the right to unilaterally amend policies provided it does no...

The Australian Securities and Investments Commission’s recent report into vertically integrated institutions and conflicts of interests shows that consumer and regulator ...

AIA has urged the Government to consider legislative change that would allow life insurance companies to provide early rehabilitation and medical expenses....

The Financial Services Council has argued the life insurance industry does not deserve to be subject to an extension of the Unfair Contracts legislation....

Subscale super funds make up 30 per cent of modern award listings and the weakest performing fund returned 2.7 per cent over 10 years, according to the FSC....

Financial Services Council chief executive, Sally Loane says that after 15 years of inaction it is time for the Government to clear the way for the rationalisation of leg...

Advisers and adviser associations agreed to life insurance framework reforms under duress, while the reforms failed to address insurers’ commercial imperatives, the LICG ...

The FSC has declared it will research whether FOFA actually delivered on making advice more accessible and affordable....

ISA claims proposed changes to superannuation fund governance will create regulatory over-reach while the FSC calls the move good for the whole superannuation sector....

The ISA has renewed claims that planners are extracting commissions of as much as $2.6 billion a year as part of its defence of default super arrangements. ...

Moves must be taken to strengthen Australia’s superannuation system on the back of the findings of the 2015 Intergenerational Report, industry bodies believe....

Documents tabled in Parliament reveal NAB saw no commercial case for pursuing the removal of upfront life/risk commissions. ...

Rules and regulations consultation paper has brought the Asia Region Funds Passport closer to reality....