FSC
Financial planning
Legislation to implement the recommendations of the Banking Royal Commission should be treated with diligence and rigor, according to Financial Services Council chief exe...
Financial planning
The Financial Services Council has welcomed the release of the Royal Commission’s final report and acknowledges it’s time to get on with the task of strengthening Austral...
Life/Risk
The Australian Lawyers Alliance has taken issue with the Financial Services Council’s new life insurance code of conduct arguing that is neither fully enforceable nor tak...
Life/Risk
Just over 60 per cent of Australians are against subsidising life insurance premiums for people who are at higher risk of future illness based on adverse genetic test res...
Policy & Regulation
The Australian Labor Party’s policy to remove refundable franking credits would not just hit superannuation funds but also many managed funds with high Australian equitie...
Life/Risk
Life risk industry veteran, Michael Molesworth, has warned that underwriters and claims assessors need to be subject to more stringent education requirements or risk comm...
Financial planning
The FSC said it has begun consulting with its members on the FASEA Standards Blueprint and the two draft legislative instruments....
Superannuation
The Financial Services Council has found that ordinary Australians who are members of large super funds are the biggest group benefiting from franking credit refunds, adv...
Superannuation
The Financial Services Council has used Productivity Commission analysis and data to suggest that there is a very significant underperformance problem for not-for-profit ...
Financial planning
Industry Super Australia has objected to exempting personal financial advice from product design and distribution obligations, arguing planners need to be held responsibl...
Life/Risk
The Financial Services Council wants to extend its insurance code of conduct to “all life insurance distributors”....
Financial planning
The Financial Services Council has told the Royal Commission that advisers undertake a significant amount of work for clients, justifying their commission payments....
Life/Risk
The Financial Services Council has announced that it will place a moratorium on genetic tests for life insurance from July 2019....
People & Products
The Financial Services Council has announced the appointment of Bryce Doherty and Ben Walsh to its board....
Life/Risk
Plaintiff law firm, Maurice Blackburn has labelled the Financial Services Council’s failed bid to have life/risk insurers allowed involvement in worker rehabilitation as ...
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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...