FSC
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...
People & Products
The Council of Australian Life Insurers, the group of insurers who split off from the Financial Services Council to form its own organisation, has appointed a chief execu...
Superannuation
The Financial Services Council has called for the Government to recognise superannuation with a clear and simple objective....
Policy & Regulation
Organisations have welcomed the introduction of legislation for the Compensation Scheme of Last Resort but raised questions why managed investment schemes were excluded....
Financial planning
The Financial Services Council has set out guidance for fund managers to ensure they are acting on climate change risk and providing accurate information to consumers and...
People & Products
The Financial Services Council has announced the appointment of Renato Mota, chief executive of Insignia Financial and Alison Telfer, country head for asset management Au...
Financial planning
The Financial Services Council has developed a ‘proposed personal advice framework’ where all advice is termed ‘personal advice’, Letters of Advice are introduced and the...
Life/Risk
The Australian life insurance industry has announced the formation of a dedicated life insurance industry peak body that will launch later this year....
Life/Risk
The Financial Services Council has issued a new Life Insurance Code of Practice for life insurers, introducing 50 additional consumer protections....
Financial planning
Superannuation should not be used as a “piggy bank” to solve the housing crisis, industry experts believe, as the Coalition announces plans to let first-home buyers acces...
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MARKET INSIGHTS
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...