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Showing 101 - 110 of 737 results for "FSC"

Burgeoning challenges of the advice industry: Padua

ANDREW MCKEAN  |  THURSDAY, 22 SEP 2022
... time; it's taking way too long for us to produce advice documents," she remarked. According to Financial Services Council (FSC) survey data, the average Statement of Advice (SOA) takes around 20 hours to produce. But, broken down further, the average ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
... industry primarily compensates consumers rather than covering bureaucracy and administration. The Financial Services Council (FSC) also welcomed the introduction of legislation for a CSLR. FSC chief executive Blake Briggs said: "The government is right ...

ASIC highlights strategic priorities

CASSANDRA BALDINI  |  TUESDAY, 23 AUG 2022
ASIC has released its corporate plan, outlining strategic priorities and its course of action for the next four years, with a particular focus on the retirement sector. The regulator highlighted four strategic priorities. One of its primary focuses ...

Advisers receive guidance on rights under FSCP

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
ASIC has released guidance regarding the function of the Financial Services and Credit Panel, outlining the actions it may take and the rights of financial advisers who are subject to a hearing or disciplinary measure. In December, ASIC outlined the ...

FSC guidance looks to eliminate greenwashing

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
The Financial Services Council (FSC) has released guidance setting industry expectations for net zero targets, the labelling of investment products and transparency of climate risk disclosures. On the guidance's creation, FSC chief executive Blake ...

FSC announces dual board appointment

CHLOE WALKER  |  MONDAY, 1 AUG 2022
The Financial Services Council (FSC) has appointed seasoned executives Renato Mota and Alison Telfer to its board. Collectively, the pair boast more than 40 years of experience in financial services. As chief executive of Insignia Financial, the FSC ...

FSC analyses super, advice developments

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
The Financial Services Council (FSC) has examined the government's legislative agenda for super and given a policy update on the Quality of Advice Review. Firstly, following assistant treasurer and minister for financial services Stephen Jones' ...

Review of YFYS receives mixed response

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
... quickly and will review the test so that it works in the long-term interests of fund members." The Financial Services Council (FSC) was also laudatory of the government's decision to pause the extension of the YFYS performance test beyond MySuper ...

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
... as the Financial Planning Association (FPA), the Association of Financial Advisers (AFA), the Financial Services Council (FSC) and other licensees to find common ground and create a united voice."

Insurers to get new advocacy body

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
... provides." To date, much of the advocacy done on insurers' behalf has been carried out by the Financial Services Council (FSC). CALI acknowledged the FSC's work, saying it has played a critical role in representing the sector and in the execution ...