FSC

Financial planning

AFA chief executive Brad Fox says the AFA will re-engage with the FSC around churn but that the major insurers must also ante up....

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Life/Risk

Letter from Shorten and consultation with ASIC prompts FSC to reopen moves for self-regulation around churn. ...

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Superannuation

APRA defers key element of SuperStream data collection to second half of next year....

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Superannuation

The Opposition dismisses as “hysterical” the reaction to its decision to extend the phase-in over the SG rise....

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Editorial

With the Federal Budget, end of financial year and Federal Election looming, the financial planning industry is still facing a number of critical legislative loose ends. ...

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Financial planning

The Financial Services Council has appointed three new board directors, including Geoff Lloyd, FSC director from 2008-10....

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Financial planning

FSC senior adviser, Cecilia Storniolo has pointed to the differences in treatment between accountants and planners on TASA....

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Superannuation

The financial services industry is calling for a bipartisan approach to the newly announced super changes, with many raising concerns about complexity. ...

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Editorial

“If you don’t think financial advice on life insurance is a problem area for ASIC and for industry, please think again.” ...

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Financial planning

The number of so-called “traditional” financial planners will decrease, with real growth to be seen in the risk specialist space, says Mercer advice head Jo-Anne Bloch....

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Life/Risk

FSC chief executive John Brogden has once again called upon the life insurance industry to heed ASIC’s warning and self-regulate on churn while it can....

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Superannuation

APRA has signaled an important difference in view on superannuation fund governance to that expressed by the Federal Opposition and the Financial Services Council. ...

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Life/Risk

Synchron’s Don Trapnell calls for proof to justify ASIC’s concern on churn....

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Life/Risk

There have been too many bad practices with respect to churn for the regulator to abandon this issue, according to ASIC Commissioner Peter Kell....

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Life/Risk

John Brogden said the industry’s failure to self-regulate on churn carries the risk of regulator action....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 1 week ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

4 days 4 hours ago

Prime Minister Anthony Albanese has confirmed who will succeed Stephen Jones to serve as the Assistant Treasurer and Financial Services Minister. ...

4 weeks ago

The corporate regulator has cancelled the AFSL of a Queensland-based financial services provider, having held the licence since mid-2016....

3 weeks 6 days ago