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FINANCIAL SERVICES COUNCIL
Life/Risk
With life insurance being placed in the ‘too-hard’ basket for many Australians, the industry has developed simple and convenient methods to take out cover. However, as Ti...
Life/Risk
Industry discussion in relation to what constitutes 'churning' in life insurance needs to be replaced with a debate on a sustainable remuneration model for switching poli...
Policy & Regulation
The Future of Financial Advice reforms may have passed through the House of Representatives but there is plenty of unknown detail causing concern to the major association...
Editorial
Mike Taylor reports that submissions to the Productivity Commission review of default superannuation funds under modern awards have raised important questions about the r...
Policy & Regulation
The best way to get more Australians receiving financial advice in the near future is the introduction of scaled advice, according to the Financial Services Council chief...
Superannuation
The Federal Opposition has committed to the development of performance benchmarks to underpin MySuper funds selection as default superannuation funds....
Financial planning
Financial Services Council sponsored research accuses unions and financial planners of "gaming" the default superannuation fund regime....
Policy & Regulation
The Financial Services Council and Association of Financial Advisers have joined together to provide a forum looking at life in a post-FOFA financial planning world....
Editorial
Underinsurance is a concern for the Australian community. However, Financial Services Council chief John Brogden believes the combined government and industry efforts cou...
Policy & Regulation
Strongly divergent views have emerged from Australia's major financial planning organisations in the wake of the FOFA bills, while the Opposition has made a policy commit...
Life/Risk
The Financial Services Council has announced it will consult with the industry on a policy to address the practice of churning in life insurance....
Superannuation
The superannuation guarantee will gradually increase from 9 per cent to 12 per cent over the next seven years, following the passage of the Minerals Resource Rent Tax thr...
Financial planning
The Coalition has expressed disbelief the FPA may have done a deal with the ISN conceding opt-in in exchange for other concessions including enshrining the term “financia...
Superannuation
The Financial Services Council has again called for the increase in the superannuation guarantee to 12 per cent, this time presenting research showing that the retirement...
Financial planning
ASIC's regulatory framework around financial planner education is changing, which means many planners will have to pull their socks up and hit the books. Chris Kennedy re...
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Podcast
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...