FSC

Life/Risk

The Australian Lawyers Alliance has taken issue with the Financial Services Council’s new life insurance code of conduct arguing that is neither fully enforceable nor tak...

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Life/Risk

Just over 60 per cent of Australians are against subsidising life insurance premiums for people who are at higher risk of future illness based on adverse genetic test res...

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Policy & Regulation

The Australian Labor Party’s policy to remove refundable franking credits would not just hit superannuation funds but also many managed funds with high Australian equitie...

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Life/Risk

Life risk industry veteran, Michael Molesworth, has warned that underwriters and claims assessors need to be subject to more stringent education requirements or risk comm...

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Financial planning

The FSC said it has begun consulting with its members on the FASEA Standards Blueprint and the two draft legislative instruments....

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Superannuation

The Financial Services Council has found that ordinary Australians who are members of large super funds are the biggest group benefiting from franking credit refunds, adv...

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Superannuation

The Financial Services Council has used Productivity Commission analysis and data to suggest that there is a very significant underperformance problem for not-for-profit ...

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Financial planning

Industry Super Australia has objected to exempting personal financial advice from product design and distribution obligations, arguing planners need to be held responsibl...

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Life/Risk

The Financial Services Council wants to extend its insurance code of conduct to “all life insurance distributors”....

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Financial planning

The Financial Services Council has told the Royal Commission that advisers undertake a significant amount of work for clients, justifying their commission payments....

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Life/Risk

The Financial Services Council has announced that it will place a moratorium on genetic tests for life insurance from July 2019....

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People & Products

The Financial Services Council has announced the appointment of Bryce Doherty and Ben Walsh to its board....

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Life/Risk

Plaintiff law firm, Maurice Blackburn has labelled the Financial Services Council’s failed bid to have life/risk insurers allowed involvement in worker rehabilitation as ...

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Life/Risk

The Joint Parliamentary Committee on Corporations and Financial Services has rebuffed an FSC proposal to allow life/risk insurers to participate in getting injured worker...

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Funds management

Australian and Japanese asset managers, distributors and regulators have expressed their support for the Asia Funds Region Funds Passport....

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