FSC

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...

Editorial

As the industry changes come to an end, have they had the desired effect of making the financial advice industry a ‘profession’?...

People & Products

Former Financial Services Council chief executive, Sally Loane, has joined the advisory board of corporate advisory consultancy Orizontas....

Financial planning

Advice should be treated with the respect given to doctors or lawyers as the industry has successfully improved itself to become a profession, according to Financial Serv...

Financial planning

The Financial Services Council has promoted Blake Briggs to chief executive, following his three months spent leading the council in an acting capacity. ...

Financial planning

Industry associations have welcomed the Federal Budget for providing stability by leaving superannuation unchanged but believe mums will be left behind....

Financial planning

Moving to Letters of Advice, abolishing safe harbour steps to comply with best interest duty and indexing the wholesale assets test are among proposals made by the Financ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

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

5 months 1 week ago

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

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

4 days 4 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 weeks 1 day ago