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Showing 161 - 170 of 784 results for "Financial Services Council"

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... give lip-service to the negative impacts of the reforms and basically walked in lock-step with the Financial Services Council who only works in the best interests of the banks and large institutions like the disgraced AMP." Vagliviello said the main ...

FSC restructures, bolsters policy team

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
The Financial Services Council is currently undergoing an internal restructure and is bolstering its policy team. A spokesperson for the FSC said: "Like most organisations the FSC reviews its structure from time to time to strengthen operational efficiencies." ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A new paper on the consumer impact of Approved Product Lists (APLs) claims institutionally-aligned Australian Financial Services Licensees (AFSLs) are funneling new clients into in-house products, potentially in breach of Best Interest Duty obligations. ...

AllianceBernstein boss lands FSC directorship

HARRISON WORLEY  |  WEDNESDAY, 23 OCT 2019
AllianceBernstein chief executive Jen Driscoll has been appointed to the board of the Financial Services Council. Driscoll has served as the chief of AllianceBernstein (AB) for almost six years, having originally been appointed to the role in December ...

Industry fund appoints interim investment chief

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
... Frontier Investment Consulting as a senior asset consultant, and sat on the investment committee of the Financial Services Council for two years.

TPD riddled with issues: ASIC

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... assessed under restrictive definitions such as Activities of Daily Living. In response to the report the Financial Services Council said the regulator relied on 2016/17 data and therefore the report fails to highlight the significant positive reforms ...

Grandfathered commissions ban passes

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... first introduced to parliament at the start of August and passed both houses on 14 October 2019. The Financial Services Council was one of the first to welcome the new law, saying that it has consistently supported the ending of grandfathered conflicted ...

Chief investment officer leaves industry fund

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
... Frontier Investment Consulting as a senior asset consultant, and sat on the investment committee of the Financial Services Council for two years. Earlier this year legalsuper grew its member service capability with a spate of appointments, and renewed ...

Mental health tops TPD claims

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... of condition, according to the latest six-monthly analysis of life insurance data collected by the Financial Services Council and KPMG. The FSC claims the data collection initiative is "unsurpassed anywhere in the world" and for the first time reveals ...

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
... feel the FPA and AFA have achieved nothing, are conflicted and simply rollover and bow to whatever the Financial Services Council dictates. Advisers' livelihoods are on the line and no one is representing advisers," the UFAA said. The group claims ...