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

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

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....

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

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

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

The Association of Financial Advisers has sought substantial improvements in the Financial Services Council’s Life Insurer Code of Practice....

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...

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...

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, ...

The Life Insurance Framework has unfairly targeted advisers and their businesses rather than FSC members including insurers and financial service providers, the LICG said...

The Federal Government will allow its expert standards setting body discretion to issue exemptions on a case-by-case basis....

The FSC Leaders Summit has been told ASIC should be responsible for ensuring planner professional associations are actually fit for purpose....

Vertical integration had become an issue and it was time to rebuild trust in financial services, the FSC Leaders Summit has been told....