The Government’s proposed compensation scheme of last resort will likely have a future cost of advice failures that is $8 million higher than the Government forecasts....

The Federal Government will begin consultation on finalising its Corporate Collective Investment Vehicles regime, which aims to benefit foreign investment in Australian m...

The two industry bodies are working on a set of requirements to support an industry standard on advice fee consent and arrangements as it believes solutions to fee comple...

The Financial Services Council has released the second draft of the life insurance code of practice for public consultation. ...

To increase gender diversity in key decision makers in asset management, a deliberate and focused strategy is needed, according to a panel....

To achieve this target in time, two-thirds of future investment management team hires will need to be women....

The Your Future, Your Super regulation will finally make the much-debated stapling measurements a “reality” for members and encourage competitiveness between superannuati...

Without the removal of certain tax barriers, fund managers could opt to only service Australian clients from overseas, according to the Financial Services Council....

The roles of the adviser and licensee may need to be more clearly defined for the individual adviser registration regime to properly function. ...

The Financial Services Council has announced a collaborative work with members across the financial services industry to design templates to help enable the implementatio...

While the Financial Services Council has welcomed the Senate passage of the Your Future, Your Super bill, Industry Super Australia and the Australian Institute of Superan...

Sean West from Macquarie and Justin Delaney from Zurich have been appointed to the board of directors....

Jan McClelland has been jointly appointed to chair the Life Code Compliance Committee by the Financial Services Council and the Australian Financial Complaints Authority....

Life insurers are not yet out of the woods on disability income insurance and should remain under scrutiny by the Australian Prudential Regulation Authority, according to...