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FSC
Superannuation
The superannuation system needed reform that would promote choice and competition and help become sustainable over the long-term, the FSC said....
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....
Editorial
The Government’s creation of an independent standards body will alter the dynamics of the financial planning industry and create a new hierarchy. ...
Life/Risk
FSC releases life insurance Code of Conduct while defining relationship between insurers and advisers as separate and different....
Editorial
Mike Taylor writes that the Productivity Commission’s consideration of alternative default models represents the real superannuation idealogical battleground....
Life/Risk
The Association of Financial Advisers has sought substantial improvements in the Financial Services Council’s Life Insurer Code of Practice....
Tools & guides
In part one of a two-part article, Col Fullagar will consider an alternative way to achieve Trowbridge's suggested reforms for life insurance companies, and in so doing s...
Financial planning
The FSC has urged the Government and Parliament to prioritise a list of reforms in financial services before venturing into a Royal Commission, which it said would be exp...
Financial planning
The financial services industry had already spent $2.75 billion on implementing various regulatory changes, and should prepare to spend more on LIF, education standards, ...
Financial planning
The Life Insurance Framework has unfairly targeted advisers and their businesses rather than FSC members including insurers and financial service providers, the LICG said...
Financial planning
The Federal Government will allow its expert standards setting body discretion to issue exemptions on a case-by-case basis....
Financial planning
The FSC Leaders Summit has been told ASIC should be responsible for ensuring planner professional associations are actually fit for purpose....
Financial planning
Vertical integration had become an issue and it was time to rebuild trust in financial services, the FSC Leaders Summit has been told....
Financial planning
Industry Super Australia has drawn a line in the sand on default fund changes while still pursuing changes to adviser remuneration and standards....
Policy & Regulation
The Prime Minister’s decision to leave Kelly O’Dwyer in place in financial services grants the sector the important benefit of continuity of approach on key policy issues...
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MARKET INSIGHTS
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...