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FSC
Life/Risk
The Financial Services Council wants to extend its insurance code of conduct to “all life insurance distributors”....
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....
Life/Risk
The Financial Services Council has announced that it will place a moratorium on genetic tests for life insurance from July 2019....
People & Products
The Financial Services Council has announced the appointment of Bryce Doherty and Ben Walsh to its board....
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 ...
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...
Funds management
Australian and Japanese asset managers, distributors and regulators have expressed their support for the Asia Funds Region Funds Passport....
Policy & Regulation
The Financial Services Council has called on financial institutions to improve their response time to incidents, saying that action was urgently needed if they were going...
Life/Risk
The Royal Commission has raised the issue of the enforceability of the life insurance code of practice, with the Financial Services Council facing tough questions on whet...
Life/Risk
Financial Services Council chief executive, Sally Loane, has admitted to the Royal Commission that insurers effectively pay for their products to be sold by advisers....
Life/Risk
Financial Services Council chief executive Sally Loane has told the Royal Commission that direct sales of life policies via outbound “cold calls” is viewed as unlawful by...
Superannuation
The Federal Opposition has earned the widespread backing of the financial services industry for its proposed changes to superannuation policy aimed at improving women’s r...
Life/Risk
The Financial Services Council has welcomed a regulator’s positive review on the role of the FSC Life Insurance Code of Practice in the sale of direct life insurance, whi...
Financial planning
The Financial Services Council has backed the Australian Securities and Investments Commission’s external report of RG97. ...
Policy & Regulation
The Kiwi regulator’s thematic review on replacement business practices in the insurance industry has a number of important findings for the sector, according to the Finan...
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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...