POWERED BY MOMENTUM MEDIA
FSC
Financial planning
Minister for financial services, Stephen Jones, has blamed the federal budget for the delays to the Quality of Advice Review but said he is expectant of a position by Jun...
Financial planning
The Financial Services Council and Financial Advice Association Australia have welcomed the 2023 budget from Treasurer Jim Chalmers but feel there is a lack of informatio...
Superannuation
Indexing the $3 million threshold and using actual earnings to calculate tax are among suggestions from associations to the Treasury super concession consultation, descri...
Policy & Regulation
The Albanese government’s proposed changes to super tax breaks risks unintentionally burdening half a million Australians, according to a new analysis from a peak industr...
People & Products
The Council of Australian Life Insurers had completed its board make-up with nine representatives from the industry including seven chief executives....
Financial planning
Former FSC chief executive, John Brogden, has stated his “greatest concerns have been realised” around advice accessibility, cautioning the QOA review needs bold ambition...
Life/Risk
The Financial Services Council has commenced operation of an enforceable standard for handling group life insurance claims in superannuation....
People & Products
Money Management has reviewed this year’s biggest people moves throughout the industry’s numerous financial organisations....
Financial planning
There is debate among industry associations about the benefits of a ‘rules advisory committee’ as proposed by the Australian Law Reform Commission....
Financial planning
The Financial Services Council has warned it would be unwise for ASIC to be given greater powers in creating financial services legislation and any steps towards this sho...
Financial planning
FSC research has found the proposals would help retirees draw down $22.5 billion more from their super and increase life insurance uptake. ...
People & Products
While there have been improvements to hiring of women in financial services, the next issue to tackle was promotion and retention as women say they have struggled to see ...
Funds management
A Financial Services Council survey has found that women on average make up only 27% of investment teams....
Life/Risk
The Financial Services Council has announced further consumer protections for the Life Insurance Code of Practice. ...
Life/Risk
Less than 10% of life insurance advice is placed without commission, according to the Financial Services Council, and thousands more of Australians would be able to obtai...
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...