FSC

Financial planning

The FSC has welcomed the Federal Government’s move to tighten age pension rules, saying eligibility rules were too generous. ...

People & Products

Recently-appointed Treasury head, John Fraser, will join Assistant Treasurer, Josh Frydenberg, Shadow Treasurer, Chris Bowen and former Prime Minsiter, Julia Gillard as d...

Life/Risk

The independence of John Trowbridge has been endorsed by key figures from the working group who stated his role was to address criticisms of the sector and not to satisfy...

Financial planning

The FSC has backed the need to restrict the use of the term ‘financial planner/adviser’ to those with the necessary education and competency to provide personal tier 1 ad...

Superannuation

The ISA has renewed claims that planners are extracting commissions of as much as $2.6 billion a year as part of its defence of default super arrangements. ...

Superannuation

Moves must be taken to strengthen Australia’s superannuation system on the back of the findings of the 2015 Intergenerational Report, industry bodies believe....

Financial planning

Documents tabled in Parliament reveal NAB saw no commercial case for pursuing the removal of upfront life/risk commissions. ...

Financial planning

Rules and regulations consultation paper has brought the Asia Region Funds Passport closer to reality....

Financial planning

Rules and regulations consultation paper has brought the Asia Region Funds Passport closer to reality....

Superannuation

Industry Super Australia wants the law changed to prevent banks from ‘bundling’ services to lure employers into bank-owned super products....

Life/Risk

New FSC chair signals change is inevitable for life/risk remuneration....

Life/Risk

Australia’s life insurance sector has been put on notice that its current model is unsustainable and handed a reform ultimatum by regulators. But what will this mean for ...

Financial planning

Life/risk advisers concerned at reports FSC submission urges 20 per cent flat commission and five-year responsibility period....

Superannuation

The FSC has urged the Government to review the targeting of the age pension, suggesting current settings are too generous....

Superannuation

The FSC has bluntly challenged Treasury’s claims on the cost of superannuation tax concessions....

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