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FSC
Life/Risk
Both the Financial Planning Association and the Association of Financial Advisers have signalled to the Australian Securities and Investments Commission that the future o...
Life/Risk
The industry has an opportunity to reduce the cost of advice and to make the process more efficient and profitable for life/risk advisers, according to MLC....
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. ...
People & Products
It has appointed four new fund managers to its board and established a new board committee, the Fund Management Board Committee, to drive the strategic policy direction o...
Financial planning
The Australian government needs to remove excessive taxes that penalise investors in financial services, according to the Financial Services Council. ...
Life/Risk
The life insurance industry’s own Life Code Compliance Committee has slammed the insurers for being so inconsistent that the committee has been unable to deliver meaningf...
Life/Risk
New data analysed by KPMG has confirmed insurers have paid out double the number of disability claims for policies sold through financial advisers....
Financial planning
Research from the Financial Services Council shows 70% of New Zealanders are unprepared for retirement and there was a strong link to money and well-being. ...
Financial planning
Australian superannuation funds may be talking the talk on ESG but a new study suggests they are not always walking the walk in using their voting power....
Superannuation
The Financial Services Council has welcomed the new legislation but is disappointed the laws also create unnecessary tax compliance burden on Australia’s managed funds....
Policy & Regulation
NSW Liberal Senator and former Financial Services Council policy executive, Andrew Bragg has denied a letter he wrote to constituents on early release superannuation is t...
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
There was no consultation with major superannuation fund organisations about the Government’s plan to allow people early access to their superannuation, prompting funds t...
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 ...
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...