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FSC
Life/Risk
The FSC warns that the States are milking the insurance sector for revenue with impacts for under-insurance and that a renegotiation of the GST agreement represents a par...
Superannuation
ASFA has appointed James Bond as its director of external affairs and investment to help communicate its policy messages on economy and investments to government and the ...
People & Products
State Street’s head of Asia-Pacific, Lochiel Crafter, has been elected to the Financial Services Council Board....
Life/Risk
Industry leaders are warning that changes to the way life/risk advisers are remunerated will put pressure on the industry, but believe the Life Insurance Framework is “wo...
Life/Risk
A hybrid remuneration model is already becoming the default model replacing high upfronts as planning groups continue to haggle with the Financial Services Council for a ...
Financial planning
The FSC has welcomed the Federal Government’s move to tighten age pension rules, saying eligibility rules were too generous. ...
People & Products
Recently-appointed Treasury head, John Fraser, will join Assistant Treasurer, Josh Frydenberg, Shadow Treasurer, Chris Bowen and former Prime Minsiter, Julia Gillard as d...
Life/Risk
The independence of John Trowbridge has been endorsed by key figures from the working group who stated his role was to address criticisms of the sector and not to satisfy...
Financial planning
The FSC has backed the need to restrict the use of the term ‘financial planner/adviser’ to those with the necessary education and competency to provide personal tier 1 ad...
Superannuation
The ISA has renewed claims that planners are extracting commissions of as much as $2.6 billion a year as part of its defence of default super arrangements. ...
Superannuation
Moves must be taken to strengthen Australia’s superannuation system on the back of the findings of the 2015 Intergenerational Report, industry bodies believe....
Financial planning
Documents tabled in Parliament reveal NAB saw no commercial case for pursuing the removal of upfront life/risk commissions. ...
Financial planning
Rules and regulations consultation paper has brought the Asia Region Funds Passport closer to reality....
Financial planning
Rules and regulations consultation paper has brought the Asia Region Funds Passport closer to reality....
Superannuation
Industry Super Australia wants the law changed to prevent banks from ‘bundling’ services to lure employers into bank-owned super products....
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MARKET INSIGHTS
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...