Editor's Choice
ASIC cancels AFSL of Australian Fiduciaries
|ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation.
Treasury expects regulators to do the heavy lifting
|Treasury has released new Statements of Expectations for APRA and ASIC, with an emphasis on how the regulators should promote a more sustainable and secured financial ecosystem.
NGS Super names head of strategy
|NGS Super has appointed the former ASFA chair as head of strategy, as the fund aims to strengthen its retirement offering.
SS&C axes jobs, shifts roles offshore
|US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams.
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Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.







Picking up on these comments perhaps industry fund members should be banned from dealing with ME bank due to cross share holdings and other conflicts.
This is an interesting concept. Would the Industry Funds also be willing to accept that they could not be a defualt fund for any industries where their union delegates are board or policy committee members or paid some portion of their income by the respective industry fund?
It would be interesting to know if all employees of every industry super fund in Australia are offered the very fund they work for as the default fund. It would also be interesting to know the percentage of employees of every industry fund in Australia who are members of the super fund they work for and secondly the percentage of employees who have elected not to be a member of the fund they work for and have decided to elect a fund of choice.
You would imagine this data would be readily available to David Whiteley as Chief Executive of ISA and it would be enlightening for this to made available to all.