The default funds regime is paternalistic industrial legacy which is denying two million people a choice due to legacy enterprise agreements, according to the Financial S...
The Minister for Revenue and Financial Services, Kelly O’Dwyer has announced the start of a process towards a single financial services external dispute resolution body....
The Federal Opposition will be on the right track in pursuing a review of the financial services regulatory settings, but only if it aims to identify the failings while f...
The FSC has suggested removing the ‘default’ super option to give employees greater opportunity to choose their own default super funds....
The Life Insurance Code of Practice regime started on 1 July and has included new minimum medical definitions....
The First Home Super Savers Scheme will prompt engagement and increase salary sacrifice contributions, the FSC believes....
The Financial Services Council has declared its members do not believe they should be made to pay for the financial planning mistakes of other businesses....
The Financial Services Council has confirmed it is no longer seeking changes to the FOFA regime and that includes opt-in, product disclosure statement and best interests....
The Financial Services Council is willing to have the book thrown at its members if they are ever found to have offered inducements to business clients to move to bank-o...
ClearView has launched an attack on the FSC over its life insurance APL draft standard, arguing it does not tackle conflicts of interests and proves the industry cannot s...
John Berrill looks at the changes the ISWG have put forward to shake up the life insurance industry....
The FSC has released a draft standard paper for consultation, which proposes that life insurance APLs must have compulsory provider and product choice....
An additional layer of assistance to help consumers make a claim would add more confusion and would be seen as a way to discourage consumers from making a claim, a panel ...
ASIC would review issues in the life insurance industry with a culture lens, ASIC told an FSC conference panel....
Five awards have been presented to talent in Australia’s life insurance industry at a gala dinner held in Sydney last night as part of the Financial Services Council Life...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...