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| | | The Financial Services Council (FSC) has called for the government to cap compensation claims over financial misconduct at "reasonable levels" so as not to create a "moral hazard". In a submission to the Treasury's Compensation Scheme of Last Resort ... |
| | | | ... claims. Hodgkin's disease causes the least amount of claims at 0.77 per 100,000, marginally below stomach cancer at 0.82. FSC chief executive Sally Loane said the FSC was releasing the data in an effort to educate Australian's about the "sheer volume ... |
| | | | ... one another. In a submission to Treasury on exposure draft legislation for the Financial Regulator Reform (No.2) bill, the FSC said it generally supported the bill in its intention to compel ASIC and APRA to cooperate with one another in overseeing the ... |
| | | | ... Institute of Superannuation Trustees aired some grievances about the planned Your Superannuation, Your Choice legislation. FSC chief executive Sally Loane said while the FSC broadly supports the new legislation it submits that the bill should be amended ... |
| | | | ... relevant entities. In its submission to the government's consultation on exposure draft legislation extending the SGE, the FSC draws on previous public submissions made by Deloitte and the Australian Investment Council (formerly AVCAL), noting in particular ... |
| | | | ... event they cannot find or remember their policy details in the aftermath of the disaster. Speaking with Financial Standard, FSC life insurance senior policy manager Nick Kirwan revealed the Council had fielded inquiries this week from people who need ... |
| | | | ... this year. Responding this afternoon, the Financial Services Council said it welcomed several of the changes to RG97, with FSC chief executive Sally Loane describing ASIC's update as a "positive step forward for Australians". However, Loane said ... |
| | | | ... their own superannuation fund have been hailed by the Financial Services Council as a positive step forward for default super. FSC chief executive Sally Loane welcomed yesterday's introduction of the Treasury Laws Amendment (Your Superannuation, Your ... |
| | | | ... UniSuper chief investment officer John Pearce said simply divesting certain holdings is not an effective strategy, at the FSC summit. UniSuper is a signatory to the United Nations Principles for Responsible Investment and last year threw its weight behind ... |
| | | | ... Services Council and Industry Super Australia have aired uniquely different perspectives on APRA's new MySuper heat map, with the FSC urging conservative use of APRA's new tool. According to FSC chief executive Sally Loane, the heat map's information ... |
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