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Showing 151 - 160 of 837 results for "Financial Services Council"

Life Code Compliance Committee chair named

ANNABELLE DICKSON  |  TUESDAY, 8 JUN 2021
The Financial Services Council and AFCA have jointly appointed Jan McClelland as chair of the Life Code Compliance Committee (LCCC). McClelland has extensive board experience and is currently deputy chancellor at the University of New England, chair ...

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
... that reduced fees in recent years, according to minister for superannuation Jane Hume. Speaking at the Financial Services Council (FSC) post-budget briefing, FSC deputy chief executive Blake Briggs questioned whether the addition of administration fees ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... key factor in consumers and their financial advisers in determining whether to take up the scheme," Financial Services Council chief executive Sally Loane said. Flexi-pension products offered by any provider and lifetime products offered by large APRA-regulated ...

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... current median gender gap in superannuation balances at retirement is 22%. Welcoming the announcement, Financial Services Council chief executive Sally Loane said: "This package of superannuation changes will allow Australians to save more for their ...

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
... has acknowledged that commissions are an acceptable form of remuneration," Hume told yesterday's Financial Services Council Life Insurance Summit. "I recognise that a flat fee charged for advice can be a challenging business proposition." In the ...

Government merges advice reviews

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
... economy and women's economic security Jane Hume announced this morning. Speaking at the annual Financial Services Council Life Insurance Summit, Hume highlighted areas that overlap across the two reviews that prompted the move. Under Treasury's new ...

FSC proposes new advice model

KARREN VERGARA  |  MONDAY, 19 APR 2021
... recommendations that will help reduce red tape and make financial advice more affordable, according to the Financial Services Council. The financial services' peak body has laid out its recommendations in a new green paper, Affordable and accessible ...

Include ESG in BFID: FSC

KANIKA SOOD  |  TUESDAY, 13 APR 2021
The Financial Services Council (FSC) wants superannuation funds' ESG investments to be included in the proposed Best Financial Interests Duty. The government's BFID wants super trustees to make decisions that are in best "financial" interests of their ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... and distribution obligations coming into effect later this year, according to a lawyer. Speaking at a Financial Services Council (FSC) event King & Wood Mallesons partner Nathan Hodge said the DDO imposes a lot more implications for product providers ...

Advice association chief steps down

JAMIE WILLIAMSON  |  THURSDAY, 25 MAR 2021
... requirements, he said. "Similarly, he facilitated our collaboration with the Financial Planning Association, Financial Services Council and other industry stakeholders, via forums such as the AFA/FPA Joint Associations Life Insurance Task Force and Choice ...