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FINANCIAL SERVICES COUNCIL
Financial planning
Life/risk advisers are bracing themselves for ASIC to issue a tough analysis of churn and lapse rates....
Superannuation
FSC chief executive, John Brogden, has accused critics of the Australian superannuation system, including the Financial Systems Inquiry, of using badly outdated data....
Financial planning
The FWC expert panel has been challenged to give thorough reasoning for its default fund choices if the process goes ahead, with fears funds could be selected haphazardly...
Financial planning
The FSC has committed to pursuing the development of a national retirement income policy....
Life/Risk
The disability insurance dilemma has been wrongly excluded from a series of financial services inquiries, placing the onus on industry to work together to resolve the raf...
Policy & Regulation
The ALP will not be forgetting FOFA and will look to reimplement its model when it returns to government....
Life/Risk
Both APRA and ASIC express concerns at failure to learn lessons in life/risk sector....
Financial planning
The FSC is pressing the Goverment to form a financial services export coordination body....
Superannuation
One of Australia’s regulators fears self-managed super funds could expose investors to inappropriate borrowing strategies, but doesn’t see a role for itself in guarding t...
Financial planning
The Senate inquiry of ASIC into its handling of the Commonwealth Bank is so negative it has tarnished trust in advisers, according to John Brogden....
Financial planning
New research suggests the regulatory demands confronting financial services companies are distracting them from technological innovation....
Superannuation
The FSC and industry funds are again at loggerheads over how default superannuation funds should be selected....
Superannuation
The FSC has hit back at ISA claims about banks offering incentives for default fund selection....
Superannuation
The FWC’s default superannuation fund selection process would cost fund members $400 million in unnecessary duplication, according to research commissioned by the FSC....
Policy & Regulation
Moves by the Federal Government to introduce an enhanced register of financial advisers are being backed by the FPA and FSC....
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MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...