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Showing 1 - 10 of 1058 results for %22Financial Services Council%22

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... federal government is launching an initiative to provide transparency and better coordination in how it regulates financial services firms to alleviate their compliance costs and burdens. The Financial Sector Initiatives Regulatory Grid wants to give ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... Colonial First State, Insignia Financial, TelstraSuper, and UniSuper also welcomed the move, as did the Financial Services Council. However, many did flag there's still more that can and should be done. ASFA, Super Members Council and HESTA said ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
... taxes in today's dollars as a result of the COVID Early Release Scheme." SMC chief executive Misha Schubert said the financial toll of the scheme would cost both the people urged to withdraw their super and all Australian taxpayers for decades to come. ...

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... not properly supported when it comes to navigating industry identification verification processes to access financial services, according to ASIC. Indigenous Australians can face challenges when trying to access financial services, including a lack of ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... "structural problems" in the twin peaks of financial sector regulation, ASIC and APRA. In his speech to the Financial Services Council (FSC), Bragg argued that "clear deficiencies" in the current regulatory framework necessitate another FSI, with the ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... how they spend their retirement savings but are willing to seek professional advice to do so, a new Financial Services Council (FSC) survey finds. The poll of 2500 superannuation members conducted by C|T Group found that an overwhelming majority want ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
Research commissioned by the Financial Services Council (FSC) reveals that within the next decade, nearly one-fifth of Australian households will become eligible to purchase wholesale products without retail consumer protections. Accordingly, the research ...

Industry leaders celebrate Australia Day honours

KARREN VERGARA  |  MONDAY, 29 JAN 2024
Leaders in financial services and superannuation were among the many to grace the highly coveted Australia Day 2024 Honours List, recognised for services in their respected fields and to the community. Some 1042 Australians received top honours across ...

Penta Capital fined for fabricated FUM

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... to the corporate regulator. ASIC also rebuffed Penta Capital's claim that it was affiliated with the Financial Services Council, Australian Investment Council, and Property Council Australia and Australian Investment Council. ASIC said that Penta Capital ...

Women still underrepresented in asset management roles: FSC

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
While the average number of women in investment teams is slowly growing, the Financial Services Council (FSC) has found they still only account for 29%. The FSC surveyed 16 of its global and domestic fund manager members, with all participants apparently ...
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