FINANCIAL SERVICES COUNCIL

Policy & Regulation

The Federal Treasurer, Josh Frydenberg has stopped short of restating the Government’s promise to increase the superannuation guarantee, preferring to say that it has no ...

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Financial planning

The Financial Services Council has canvassed the imposition of capital requirements on advice licensees as part of any compensation scheme of last resort at the same time...

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Policy & Regulation

The Financial Services Council has recommended the two regulators must collaborate on information, documentation, and data requests and collection....

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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...

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Financial planning

Australians who have lost their life insurance policy details in the bushfires can contact the Financial Services Council for help....

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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...

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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...

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Life/Risk

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

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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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Financial planning

The Financial Services Council has thrown its support behind extending Unfair Contract Terms regime to life insurance....

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Financial planning

There is an urgent need to end the regulatory overlap between the Tax Practitioners Board and the Financial Adviser Standards and Ethics Authority, according to the Finan...

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Financial planning

Advisers have an opportunity to educate New Zealanders that life insurance is vital, according to the Financial Services Council of New Zealand....

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Financial planning

The Assistant Minister for Superannuation, Financial Services and Financial Services Technology, Senator Jane Hume has again stopped short of giving any undertaking on ex...

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Financial planning

Supply, demand and costs of advice, as well as the disruption of digital advice technology were the key topics discussed for the future of advice at the Financial Service...

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Financial planning

AMP Wealth chief executive, Alex Wade, has called for an industry push to move beyond the focus on face to face advice by opening up digital channels....

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MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

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