Breast cancer was the most common life insurance cancer claim, double the rate of prostate cancer which was the second most common, according to data....

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

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...

The Financial Services Council will treat bushfire victims making claims as vulnerable customers requiring addition support under the FSC Life Insurance Code of Practice....

AMP is partnering with its advisers to offer free financial advice to Australians who suffered loss due to the recent bushfires....

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

The Financial Services Council has urged caution on the use of the Australian Prudential Regulation Authority’s proposed heatmapping exercises when making comparisons bet...

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...

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

Industry superannuation funds have reinforced the fact that lifting the Superannuation Guarantee to 12% has already been legislated amid suggestions that the Government’s...

Australia’s investment fees and expenses is one of the best in the world, according to a report....

Insurance firms should be prevented from pressuring people to buy products over the phone, according to the Financial Services Council. ...

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

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...