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Life/Risk
The Life Code Compliance Committee is to be given the power to impose sanctions on life insurers if they fail to live up to their obligations under the Financial Services...
Financial planning
Financial advisers believe the industry needs to speak with one voice and over 80% of respondents to a Money Management survey have supported a merger between the Financi...
Financial planning
Despite the scaled advice focus of the Australian Securities and Investments Commission, most financial advisers believe the real answer to reducing advice costs lays in ...
Financial planning
The Government is talking about it, the regulator is talking about it and now digital advice player Six Park has released a white paper emphasising the need for an expand...
Financial planning
The Government wants financial advice to be made more affordable and a Financial Services Council has canvassed easier scaled advice, technology and less red tape as bein...
Financial planning
The deregulation minister should be present at financial services meetings to start reducing red tape and the sooner red tape has been reduced the better, according to a ...
Financial planning
Financial advice needed to focus on improving the value of advice, rather than focusing solely on the cost, according to a panel....
Financial planning
Regulatory reform, technology and some form of subsidisation are needed to fix advice, according to the FPA chief executive....
People & Products
Blair Vernon is only the acting chief executive of AMP Australia but he has been appointed to the board of the Financial Services Council....
Expert Analysis
Financial Services Council policy manager – advice, Zach Castles, argues that regulatory pragmatism can help reduce the cost of financial advice....
Superannuation
The release of pre-Budget submissions suggests the Financial Services Council was influential in the Government’s decision to introduce super account stapling and perform...
Financial planning
The guide from the Financial Services Council provides tips and guidance on how firms could improve their gender diversity in their firm. ...
Financial planning
The COVID-19 pandemic could act as the catalyst for regulatory pragmatism aimed at lowering the cost of advice, according to the Financial Services Council....
Financial planning
The Financial Services Council has welcomed the Government’s Budget changes to superannuation while others are seeking more detail....
Life/Risk
Consumers will have the choice between sticking with increasingly expensive features-rich income protection products or moving to more affordable products to be launched ...
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MARKET INSIGHTS
Podcast
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?...