FINANCIAL SERVICES COUNCIL

Editorial

The financial services regulators have sent a clear message to the life/risk industry about its past mistakes. ...

Financial planning

Life/risk advisers are bracing themselves for ASIC to issue a tough analysis of churn and lapse rates....

Superannuation

FSC chief executive, John Brogden, has accused critics of the Australian superannuation system, including the Financial Systems Inquiry, of using badly outdated data....

Financial planning

The FWC expert panel has been challenged to give thorough reasoning for its default fund choices if the process goes ahead, with fears funds could be selected haphazardly...

Financial planning

The FSC has committed to pursuing the development of a national retirement income policy....

Life/Risk

The disability insurance dilemma has been wrongly excluded from a series of financial services inquiries, placing the onus on industry to work together to resolve the raf...

Policy & Regulation

The ALP will not be forgetting FOFA and will look to reimplement its model when it returns to government....

Life/Risk

Both APRA and ASIC express concerns at failure to learn lessons in life/risk sector....

Financial planning

The FSC is pressing the Goverment to form a financial services export coordination body....

Superannuation

One of Australia’s regulators fears self-managed super funds could expose investors to inappropriate borrowing strategies, but doesn’t see a role for itself in guarding t...

Financial planning

The Senate inquiry of ASIC into its handling of the Commonwealth Bank is so negative it has tarnished trust in advisers, according to John Brogden....

Financial planning

New research suggests the regulatory demands confronting financial services companies are distracting them from technological innovation....

Superannuation

The FSC and industry funds are again at loggerheads over how default superannuation funds should be selected....

Superannuation

The FSC has hit back at ISA claims about banks offering incentives for default fund selection....

Superannuation

The FWC’s default superannuation fund selection process would cost fund members $400 million in unnecessary duplication, according to research commissioned by the FSC....

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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