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Life/Risk
The Financial Services Council has released the second draft of the life insurance code of practice for public consultation. ...
Funds management
To increase gender diversity in key decision makers in asset management, a deliberate and focused strategy is needed, according to a panel....
People & Products
To achieve this target in time, two-thirds of future investment management team hires will need to be women....
Superannuation
The Your Future, Your Super regulation will finally make the much-debated stapling measurements a “reality” for members and encourage competitiveness between superannuati...
Funds management
Without the removal of certain tax barriers, fund managers could opt to only service Australian clients from overseas, according to the Financial Services Council....
Financial planning
The roles of the adviser and licensee may need to be more clearly defined for the individual adviser registration regime to properly function. ...
Financial planning
The Financial Services Council has announced a collaborative work with members across the financial services industry to design templates to help enable the implementatio...
Superannuation
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...
People & Products
Sean West from Macquarie and Justin Delaney from Zurich have been appointed to the board of directors....
People & Products
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/Risk
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...
Policy & Regulation
The Financial Services Council and the Association of Superannuation Funds of Australia have welcomed the target changes to superannuation and the Government’s long-await...
Financial planning
Cases like Mayfair 101 highlight the need for an update of the term ‘wholesale investor’, according to the Australian Securities and Investments Commission, as it carries...
Financial planning
The Australian Securities and Investments Commission was never really empowered to seriously change the status of ‘general advice’ when Government reviews were on foot....
Life/Risk
Despite rumours suggesting otherwise, the Financial Services Council says receiving the COVID-19 vaccine will not invalidate life insurance policies....
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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...
So we are now underwriting criminal scams?...