SALLY LOANE

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 ...

Superannuation

The Financial Services Council has lent its weight to the SMSF Association’s push to clear the way for self-managed funds to invest in infrastructure....

Life/Risk

The FSC has announced the extension of the frontline healthcare workers and total permanent disability claims initiatives until 1 January, 2021. ...

Financial planning

The Australian government needs to remove excessive taxes that penalise investors in financial services, according to the Financial Services Council. ...

Life/Risk

Financial Services Council member life insurers won’t deny total and permanent disability claims for those who lost employment because of COVID-19....

Life/Risk

The Financial Services Council has issued an undertaking on behalf of the major life insurers covering the rights of frontline health and other workers in the face of COV...

Superannuation

The Government’s income support package to help Australians in financial hardship brought by COVID-19 has been welcomed by the FSC that stressed that super should not be ...

Policy & Regulation

Experience in the United Kingdom suggests it may be a lot more expensive to recruit and retain senior executives under the Government’s proposed new Financial Accountabil...

Superannuation

The complexity of the superannuation system is a barrier to modernising legacy products, according to the Financial Services Council....

Policy & Regulation

Accountants, doctors and other should be excluded from the coverage of claims handling as a financial service and insurers should be allowed to continue giving ‘factual s...

Superannuation

The Financial Services Council has urged caution on the use of the Australian Prudential Regulation Authority’s proposed heatmapping exercises when making comparisons bet...

Superannuation

Financial Services Council chief executive Sally Loane has called on policymakers to implement a ‘default once’ system to help superannuation members maintain a single ac...

Life/Risk

The Financial Services Council has released ground-breaking new data revealing the impact of mental health on TPD claims....

Financial planning

Australia’s investment fees and expenses is one of the best in the world, according to a report....

Financial planning

Insurance firms should be prevented from pressuring people to buy products over the phone, according to the Financial Services Council. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 6 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 9 hours ago