FSC

Financial planning

The Financial Services Council has welcomed the launch of negotiations with the Council of the European Union to create an Australia-EU free trade agreement....

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Life/Risk

The Australian Workers Union has alleged ulterior motives in a Financial Services Council call to allow the big life insurers to get injured workers back to work sooner....

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Life/Risk

Key consumer groups Choice, the Financial Rights Legal Centre and the Consumer Action Law Centre have rejected Financial Services Council proposals to allow life insurers...

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Funds management

FSC and AIST have released new guidance tools to help super funds meet their regulatory obligations around their operational due diligence. ...

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Life/Risk

Plaintiff law firm Maurice Blackburn has accused the major life insurers of having ulterior motives for wanting to rehabilitate workers and get them back to work sooner....

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Superannuation

The Government has received a negative financial services industry response to its move to make insurance inside superannuation “opt-in” for those aged under 25 and those...

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Financial planning

Key insurance group, ClearView has warned a Parliamentary Committee that a push for standardised policy terms being led by the Financial Services Council could amount to ...

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Financial planning

New survey data suggests life insurance industry executives fear the Life Insurance Framework will act as a disincentive to university graduates considering becoming life...

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Financial planning

The Financial Services Council has come out in support of the Government’s toughened-up corporate misconduct penalties, following the discoveries by the Royal Commission ...

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Features

Mike Taylor writes that a combination of circumstances may leave the financial services industry no option other than to embrace open Approved Product Lists....

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Financial planning

The Financial Services Council has urged the Productivity Commission to broaden its “very narrow” definition of vertical integration to make its recommendations more appr...

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Life/Risk

The Financial Services Council has proposed to form a Genetics and Insurance Advisory Council to address advancements in genetical science and how it should apply to the ...

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People & Products

The Financial Services Council has shown its support for AMP’s mental health training by bestowing it with the Innovation in Retail Life Insurance award. ...

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Funds management

A new standard for asset managers, which commenced on 1 January, aims to strengthen the foundations of public trust in the industry....

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Life/Risk

The Financial Services Council has confirmed to a Parliamentary Committee that it wants life insurers to have the right to unilaterally amend policies provided it does no...

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MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

21 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

5 days 2 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 3 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 5 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

4 days ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

3 days 3 hours ago