FSC

People & Products

AMP group executive, advice and New Zealand, Jack Regan has been appointed to the FSC’s board of directors, effective 24 February....

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Financial planning

A member of the Senate Economics Committee has described underwriting at time of claim as a 'serious problem' that the industry must address....

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Features

The Australian life/risk sector is facing a fundamental reshaping as advisers move beyond the LIF and banks consider their return on investment, Mike Taylor finds....

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Financial planning

The Financial Services Council is arguing for more industry self-regulation, describing Trowbridge as the "gold standard"....

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Life/Risk

The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and the Financial Services Council (FSC) have launched the Life Insurance Code of Practice....

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Financial planning

While the industry has welcomed the passage of the professional standards bill, Kelly O’Dwyer has reiterated the Government’s arguments against a Royal Commission into ba...

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Policy & Regulation

A new analysis has pointed to the removal of trailing commissions as significantly reducing the fees of corporate master trusts....

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Editorial

The financial services industry is facing another year of uncertainty but there will be opportunities for it to become the master of its own destiny....

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Features

Malavika Santhebennur writes that many policy issues that beleaguered the financial services sector in 2015 remained in 2016, and would continue into 2017....

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Financial planning

Industry associations have welcomed the Federal Government’s introduction of the bill to mandate higher education and professional standards for advisers....

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Superannuation

The superannuation system needed reform that would promote choice and competition and help become sustainable over the long-term, the FSC said....

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Policy & Regulation

The Financial Services Council has conceded that a more exacting MySuper approval process may be needed before all MySuper funds can be offered as defaults....

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Editorial

The Government’s creation of an independent standards body will alter the dynamics of the financial planning industry and create a new hierarchy. ...

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Life/Risk

FSC releases life insurance Code of Conduct while defining relationship between insurers and advisers as separate and different....

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Editorial

Mike Taylor writes that the Productivity Commission’s consideration of alternative default models represents the real superannuation idealogical battleground....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 1 week ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

2 days 17 hours ago

Prime Minister Anthony Albanese has confirmed who will succeed Stephen Jones to serve as the Assistant Treasurer and Financial Services Minister. ...

3 weeks 5 days ago

The corporate regulator has cancelled the AFSL of a Queensland-based financial services provider, having held the licence since mid-2016....

3 weeks 4 days ago