FINANCIAL SERVICES COUNCIL

Financial planning

The Financial Services Council has dismissed ISN research disparaging retail superannuation funds as flawed and misleading....

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Financial planning

Patron Financial Advice has opposed a Financial Services Council proposal to introduce a binding standard for insurance business, saying it would restrict consumer choice...

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Superannuation

The Government’s Stronger Super package has generated a mixed response from the industry....

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Financial planning

The term 'churning', which is being used to describe a legitimate practice, defames advisers while it whitewashes the role of life companies, according to Synchron direct...

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Financial planning

Within days of the Government's expected release of its Stronger Super proposals it has been warned it risks creating an industry fund monopoly....

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Editorial

Lack of investor engagement with superannuation is a widespread issue. Bill Buttler provides guidance on fee comparison for retail investors, and argues standardised meas...

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Financial planning

Government claims opt-in would cost around $11 per financial planning client is at best questionable and, at worst, entirely misleading, writes Mike Taylor....

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Editorial

Financial planners have finally been given the details of the Government's FOFA reforms. In an editorial written prior to the release of the reform package Mike Taylor wa...

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Editorial

The Government has proposed retaining higher concessional contributions caps for those aged 50 or over, however Craig Day argues imposing eligibility criteria needs furth...

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Superannuation

Prime Minister Julia Gillard argues the strength of Australia’s superannuation regime supplants the need for a sovereign wealth fund....

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Policy & Regulation

The Government has delivered the first draft of its FOFA legislation, confirming the two-year opt-in and a proposed ban on asset-based fees with respect to gearing....

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Financial planning

The integrity of consumer group Choice over its potentially conflicted partnership with One Big Switch has been questioned yet again, with Financial Services Council chie...

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Editorial

Assistant Treasurer, Bill Shorten, has pointedly excluded the Association of Financial Advisers from those who convinced the Government to concede ground on risk commissi...

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Policy & Regulation

Australia's taxation of foreign managed funds will soon be aligned with countries including the US, the UK, Hong Kong and Singapore, as the Federal Government rolls out i...

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Financial planning

The Federal Government needs to start treating the Industry Super Network (ISN) and other elements of Industry Fund Services as what they really are - elements of a verti...

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