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Mike Taylor writes that a combination of circumstances may leave the financial services industry no option other than to embrace open Approved Product Lists....
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...
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 ...
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. ...
Funds management
A new standard for asset managers, which commenced on 1 January, aims to strengthen the foundations of public trust in the industry....
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...
People & Products
The Financial Services Council and the Financial Ombudsman Service have appointed a former ASK risk specialist as chair of the Life Code Compliance Committee....
People & Products
Senior policy adviser, Blake Briggs has resigned his role at the Financial Services Council....
Policy & Regulation
The Australian Prudential Regulation Authority has signalled its caution with respect to Financial Services Council lobbying for insurers to be allowed to mortgage the as...
Superannuation
Challenger’s Yash Sodhi’s ‘Smarter Super’ proposal has won him the 2017 Financial Services Council Future Leaders Award....
Superannuation
The Minister for Revenue and Financial Services has signalled the development of a retirement income framework beyond the development of CIPRs....
Editorial
The financial planning industry will need to unite behind higher educational standards and ethics and reject the noisy dissenters if it is to become a profession, Mike Ta...
Superannuation
The default funds regime is paternalistic industrial legacy which is denying two million people a choice due to legacy enterprise agreements, according to the Financial S...
Editorial
The Federal Opposition will be on the right track in pursuing a review of the financial services regulatory settings, but only if it aims to identify the failings while f...
Policy & Regulation
The Minister for Revenue and Financial Services, Kelly O’Dwyer has announced the start of a process towards a single financial services external dispute resolution body....
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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...