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Showing 41 - 50 of 783 results for "Financial Services Council"

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... including Super Consumers Australia, the Australian Institute of Superannuation Trustees (AIST) and Financial Services Council (FSC) welcomed the increase in tax rates for super balances over $3 million, however Chartered Accountants ANZ and the SMSF ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... including Super Consumers Australia, the Australian Institute of Superannuation Trustees (AIST) and Financial Services Council (FSC) welcomed the increase in tax rates for super balances over $3 million. Super Consumers Australia director Xavier O'Halloran ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... retirement savings, and promoting equitable outcomes for women and low-income earners, Fahy added. The Financial Services Council (FSC) also welcomed the government's consultation on a proposed definition and objective for the super system. FSC chief ...

Associations call for improved access to financial advice

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... general manager Gary Pflugrath, Financial Planning Association of Australia chief executive Sarah Abood, Financial Services Council chief executive Blake Briggs, FINSIA chief executive and managing director Yasser El-Ansary, Institute of Public Accounts ...

Superannuation objective: Australians want retirement income

ANDREW MCKEAN  |  FRIDAY, 27 JAN 2023
Financial Services Council (FSC) research found Australian's support legislating an objective for super that focuses on delivering retirement income. A focus group study conducted by CT Group revealed Australian consumers' awareness, understanding ...

Mixed outlook for paraplanning: Study

ANDREW MCKEAN  |  FRIDAY, 20 JAN 2023
... regarding Statements of Advice (SoAs). Concerning the cost of advice, KPMG research commissioned by the Financial Services Council (FSC) found the average cost of providing comprehensive advice is $5335 per client. Some paraplanners believe the cost ...

FSC releases claims handling standard for super funds

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
The Financial Services Council (FSC) has released an enforceable standard for handling group life insurance claims in superannuation. The FSC's new standard replaces existing voluntary guidance and sets a minimum level of service that consumers can ...

Millions of retirees will benefit from QAR

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
... and leave $6 billion less in bequests annually by the year 2040. According to data released by the Financial Services Council (FSC), the QAR proposals will support consumers approaching or in retirement in three ways. Firstly, by increasing the provision ...

Investment teams 27% female: FSC

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
Women make up about 27% of investment teams, according to the Financial Services Council (FSC). That's a key finding from a survey of 20 of the FSC's fund manager members; it's an increase of 2% on last year. FSC chief executive Blake Briggs said the ...

FSC adds to Life Insurance Code of Practice

CHLOE WALKER  |  TUESDAY, 25 OCT 2022
Several new consumer protections will be added to the Financial Services Council (FSC)'s Life Insurance Code of Practice, including the industry's first guidelines on family and domestic violence, as well as new protections in the genetics moratorium. ...