FSC salutes choice reforms, ISA calls for more transparencyBY ALEX BURKE | FRIDAY, 18 MAR 2016 1:01PM
The Financial Services Council has applauded new legislation to widen default superannuation fund choice, while Industry Super Australia has said more MySuper fund transparency is required.Read more: Industry Super Australia, MySuper, FSC, Government, Financial Services Council, David Whiteley, FSI, ISA, Sally Loane, Superannuation Legislation Amendment Choice of Fund Bill
A former Australian Wallabies captain will lead Stockspot's new partnership strategy on a consultative basis, with financial advisers and accountants firmly in his sights.
A Royal Commission into the financial services sector is unnecessary given the amount of substantial reforms and remediation the industry has already undertaken, the Financial Services Council said.
While the financial services industry has taken commendable steps in restoring consumers' trust and confidence, it is still not free from the threat of a public inquiry like the banking sector is currently facing.
A former National Australia Bank executive has joined Equity Trustees as its new general manager of charitable trusts and philanthropy.
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