FSC
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...
Financial planning
The FSC has repeated calls to reintroduce and implement a backlog of life insurance and super reforms, while introducing legislation to increase financial adviser standar...
Financial planning
The Financial Services Council has urged the newly re-elected Government to make reintroduction of the Life Insurance Reform Bill a priority in the new Parliament....
Financial planning
The FSC’s new Life Insurance Code of Practice faced a delay of three months from its 1 July deadline after it identified areas requiring improvement following industry co...
Financial planning
The FSC has been accused of acting in haste on churn in the Life Insurance Framework, with a group saying it wants ASIC to justify LIF by proving the churn issue after th...
Financial planning
Financial Services Council chief executive, Sally Loane, has defended her organisation's role in pursuing the Life Insurance Framework pointing to the unsustainability of...
Financial planning
A group of risk advisers have labelled FSC’s positioning on LIF as cartel behaviour, and said the industry should have gone to the ACCC with its life insurance propositio...
Financial planning
The AFA expressed disappointment over the FSC’s continued calls for a carve-out for direct insurance sales from LIF where no advice was given, and said this loophole must...
Life/Risk
A life/risk adviser group has hit out against the FSC’s call for level commissions in the LIF, and accused it and the big banks of having undue influence on the Governmen...
Financial planning
The FSC has declared it will research whether FOFA actually delivered on making advice more accessible and affordable....
Editorial
The Federal Government has lost sight of the long-run Budget benefit of encouraging retirement incomes self-sufficiency by lowering the concessional super contribution ca...
Financial planning
The Financial Services has given the Federal Budget a mixed reaction, welcoming some changes and condemning others as misdirected....
Editorial
Financial planners and their clients face an inevitable period of uncertainty at a time of continuing volatility if the Government moves for a double dissolution election...
Financial planning
Key consumer groups have been given a chair at the table of the FSC’s Life Insurance Code of Practice processes....
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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...