FINANCIAL SERVICES COUNCIL

Superannuation

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

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Financial planning

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

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Financial planning

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

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Financial planning

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

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Superannuation

Industry Super Australia wants the law changed to prevent banks from ‘bundling’ services to lure employers into bank-owned super products....

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Life/Risk

New FSC chair signals change is inevitable for life/risk remuneration....

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Financial planning

Life/risk advisers concerned at reports FSC submission urges 20 per cent flat commission and five-year responsibility period....

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Superannuation

The FSC has urged the Government to review the targeting of the age pension, suggesting current settings are too generous....

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Superannuation

The FSC has bluntly challenged Treasury’s claims on the cost of superannuation tax concessions....

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Editorial

The industry funds are seeking to play the consumer protection card in their defence of the default funds under modern awards regime but the real beneficiaries of the sta...

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Financial planning

Concerned that the Trowbridge report reflects their working reality, life/risk advisers dominate 130 submissions to the Life Insurance and Advice Working Group....

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Superannuation

ISA’s Whiteley claims the existing default funds regime is a safety net sanctioned by three inquiries, including FSI....

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Financial planning

Beyond what they see in media headlines, many consumers have no idea what a financial planner does, a wealth management veteran believes. ...

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Financial planning

The FPA’s Matthew Rowe has questioned the survivability of a number of financial planning organisations....

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Superannuation

The Productivity Commission has signalled it won’t be traversing the default funds issue in its review of the Australian Workplace Relations Framework....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 days 15 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 18 hours ago