FSC

Life/Risk

The Financial Services Council has issued a new Life Insurance Code of Practice for life insurers, introducing 50 additional consumer protections....

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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...

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Editorial

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

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People & Products

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

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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...

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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. ...

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Financial planning

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

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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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Superannuation

Labor would not make any “wholesale changes” to Your Future, Your Super reforms but has instead committed to tweaking aspects of it in response to emergent challenges tha...

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Life/Risk

The Financial Services Council has urged Australians who have lost their life insurance policies due to recent flooding to utilise the FSC’s services to help them find ou...

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Superannuation

Superannuation funds have been told they will not face regulatory action if they seek to divest Russian assets, although the closure of the Russian stock market is making...

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Financial planning

The ability to access free online information about financial services law should be a priority for the Government before any reform of the Corporations Act, the Financia...

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People & Products

Challenger chief executive and managing director, Nick Hamilton, has joined the board of the Financial Services Council....

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Superannuation

The Financial Services Council has welcomed the bipartisan support for the Retirement Income Covenant and Corporate Collective Investment Vehicle....

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Financial planning

The Financial Services Council is hoping the Quality of Advice review will chart the course to end two decades of regulatory encroachment on the advice industry....

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Never miss the latest news and developments in wealth management industry

Fed-up

Phil Anderson is pure gold....

2 hours 44 minutes ago
Big Feller

This can't be a surprising development. I'm sure every Financial Planner in Australia has had an experience of being sc...

21 hours 49 minutes ago
One foot out the door

Just 15 per cent of advisers said they may exit the industry over the next few years, Thats about 2,300 advisers! if ...

1 day 2 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 2 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months ago