FSC

Policy & Regulation

Greater oversight from the corporate regulator of financial and compensation arrangements will reduce unpaid determination risk and ensure the CSLR operates as a genuine ...

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Superannuation

Despite questions being raised about the appropriateness and accuracy of the prudential regulator’s heatmaps, they do underscore the importance of advice, the Financial S...

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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....

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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 ...

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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, ...

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Policy & Regulation

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

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Editorial

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

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People & Products

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

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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....

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Financial planning

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

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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...

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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...

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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...

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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 ...

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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 ...

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Graeme

FWIW I am a long term holder of both. I am relaxed about my LICs trading at a discount. Part of a cycle. I would like...

16 hours 53 minutes ago
Ross Smith

The term "The democratisation of private assets continues to gain steam" is marketing misleading. There is no democracy...

18 hours 37 minutes ago
Greg

I have passed this exam, and it is not easy or fair exam. It's no wonder that advisers are falsifying their results. ...

3 days 18 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....

9 months 3 weeks 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 1 week ago

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

9 months 3 weeks ago