FSC
Life/Risk
The Financial Services Council has confirmed to a Parliamentary Committee that it wants life insurers to have the right to unilaterally amend policies provided it does no...
People & Products
The Financial Services Council and the Financial Ombudsman Service have appointed a former ASK risk specialist as chair of the Life Code Compliance Committee....
People & Products
Senior policy adviser, Blake Briggs has resigned his role at the Financial Services Council....
Policy & Regulation
The Australian Prudential Regulation Authority has signalled its caution with respect to Financial Services Council lobbying for insurers to be allowed to mortgage the as...
Superannuation
Challenger’s Yash Sodhi’s ‘Smarter Super’ proposal has won him the 2017 Financial Services Council Future Leaders Award....
Superannuation
The Minister for Revenue and Financial Services has signalled the development of a retirement income framework beyond the development of CIPRs....
Editorial
The financial planning industry will need to unite behind higher educational standards and ethics and reject the noisy dissenters if it is to become a profession, Mike Ta...
Superannuation
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...
Policy & Regulation
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....
Editorial
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...
Superannuation
The FSC has suggested removing the ‘default’ super option to give employees greater opportunity to choose their own default super funds....
Life/Risk
The Life Insurance Code of Practice regime started on 1 July and has included new minimum medical definitions....
Superannuation
The First Home Super Savers Scheme will prompt engagement and increase salary sacrifice contributions, the FSC believes....
Financial planning
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....
Policy & Regulation
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....
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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...