FSC

Life/Risk

The Joint Parliamentary Committee on Corporations and Financial Services has rebuffed an FSC proposal to allow life/risk insurers to participate in getting injured worker...

Funds management

Australian and Japanese asset managers, distributors and regulators have expressed their support for the Asia Funds Region Funds Passport....

Policy & Regulation

The Financial Services Council has called on financial institutions to improve their response time to incidents, saying that action was urgently needed if they were going...

Life/Risk

The Royal Commission has raised the issue of the enforceability of the life insurance code of practice, with the Financial Services Council facing tough questions on whet...

Life/Risk

Financial Services Council chief executive, Sally Loane, has admitted to the Royal Commission that insurers effectively pay for their products to be sold by advisers....

Life/Risk

Financial Services Council chief executive Sally Loane has told the Royal Commission that direct sales of life policies via outbound “cold calls” is viewed as unlawful by...

Superannuation

The Federal Opposition has earned the widespread backing of the financial services industry for its proposed changes to superannuation policy aimed at improving women’s r...

Life/Risk

The Financial Services Council has welcomed a regulator’s positive review on the role of the FSC Life Insurance Code of Practice in the sale of direct life insurance, whi...

Financial planning

The Financial Services Council has backed the Australian Securities and Investments Commission’s external report of RG97. ...

Policy & Regulation

The Kiwi regulator’s thematic review on replacement business practices in the insurance industry has a number of important findings for the sector, according to the Finan...

Life/Risk

The Australian Securities and Investments Commission has urged giving consumers the right to take legal action against insurers who breach the Financial Services Council’...

Policy & Regulation

AFRM Claims Advocacy has called on a Parliamentary Joint Committee to recognise the Financial Services Council’s call to allow insurers to provide early intervention supp...

Superannuation

The key superannuation and financial services stakeholders were neither informed nor consulted about the Government’s proposed one-year amnesty on employer superannuation...

Life/Risk

The Financial Services Council has backed calls for life insurer involvement in injured worker rehabilitation with new research....

Financial planning

Questions are being asked around why the financial planning community is being blamed when the Government has done little about legacy products in nearly two decades....

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

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ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

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ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

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ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

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