FINANCIAL SERVICES COUNCIL

Life/Risk

AFA and FSC form working body while FPA calls for insurance providers to review their offerings...

Superannuation

Industry fund lobbyists have had a go at the big banks, saying only $13 billion of savings in bank-owned funds have moved into MySuper....

Superannuation

FSC has claimed the average MySuper fund offered by its members have outperformed the equivalent offering from industry funds...

Policy & Regulation

Increased Government regulation of the financial services sector will not improve the public’s view of the industry, the Minister for Finance and acting Deputy Treasurer,...

Life/Risk

Col Fullagar explores the seldom-mentioned stressors associated with the claims process and their potential fallout....

Financial planning

The FSC’s call for an industry-funded advisory board has drawn scorn from two of finance industry’s most vocal bodies....

Financial planning

A new statutory body should control education and professional standards according to FSC, however it may sideline professional associations seeking self-regulation....

Financial planning

The corporate regulator states a co-regulatory model could work for financial advisers but says it is cost-effective and ethically practical to only work with one profess...

Life/Risk

Choice has rejected APRA’s criticisms of insurance comparisons websites stating that its arguments are those “typically heard from vested interests that would prefer not ...

Superannuation

The Federal Government’s deal with PUP to secure the scrapping of the mining tax has united the financial services industry in condemning the delay to lifting the SG....

Superannuation

Strong growth in total annual contributions to superannuation funds since the GFC driven by improved economic state in US and UK....

Financial planning

The financial services sector needs a new ASIC commissioner specifically to deal with international regulatory issues....

Editorial

ASIC must do more than simply identify problems when it publishes its forthcoming report on the life/risk industry. It must identify some solutions....

Superannuation

A recent study commissioned by IOOF found that greater activity by financial advisers does not necessarily translate into a greater perception of value from clients, writ...

Editorial

Mike Taylor writes that Financial Services Council chief executive, John Brogden used his last annual conference address to point to how little the big issues have change...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 3 weeks ago

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

6 months ago

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

8 months ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

3 weeks 4 days ago

Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam ...

2 weeks 3 days ago

ASIC has banned two advisers from the same advice firm for giving clients inappropriate superannuation advice that was not in their best interests. ...

3 weeks 3 days ago