FSC

People & Products

Deputy chief executive, Blake Briggs, has been appointed as acting CEO of the Financial Services Council as Sally Loane steps down on 23 December, 2021....

Life/Risk

The enforceable standard will remove 87% of all occupational exclusions and occupation based restrictive disability definitions that currently exist in the industry by 1 ...

People & Products

Scott Hartley, AMP Australian Wealth Management chief executive, has been appointed to the Financial Services Council board of directors along with Challenger executive, ...

Policy & Regulation

The Corporate Collective Investment Vehicle will reduce tax barriers for Australian fund managers, while the retirement income covenant will require superannuation funds ...

Editorial

Financial services associations will all have a new look in 2022 but is there a need for so many different ones?...

People & Products

Bell Asset Management chief executive, Nick Fels, has been appointed as a board director by the Financial Services Council....

People & Products

The Financial Services Council chief executive, Sally Loane, will step down from the role at the end of the year after seven years at the helm....

Financial planning

The Association of Independently Owned Financial Professionals is “cynical” of the Financial Services Councils’ recommendations and believe there are flaws....

Financial planning

The advice group supports many of recommendations of the white paper but has questioned the motives of the Financial Services Council and whether risk advisers should tru...

Financial planning

Simplifying advice costs and tackling the difference between ‘advice’ and ‘general information’ are steps that will be a “giant leap forward” for the advice industry, acc...

Financial planning

The ‘White Paper on Financial Advice’ has received industry support from the Financial Planning Association of Australia who say it is aligned with the association’s poli...

Financial planning

The Financial Services Council has created a blueprint for a simplified financial advice regulatory framework that claims it could reduce advice costs to $3,466 and save ...

Life/Risk

Financial Services Council superannuation and life insurance members will be prohibited from the use of exclusions and restrictive disability definitions because a super ...

Financial planning

October sees the introduction of further Royal Commission recommendations and design and distribution obligations, heaping further pressure on financial advisers. ...

Policy & Regulation

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....

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

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