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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
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...