Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 171 - 180 of 306 results for %22Insurance Council of Australia%22

New insurance industry guidance on its way

DARREN SNYDER  |  THURSDAY, 17 MAR 2016
... be able to access a document that provides all the information required to fully and better understand their fund's insurance business. Speaking at the Conference of Major Superannuation Funds yesterday, Industry Funds Forum (IFF) project officer Francis ...

FSC announces life insurance award winners

ALEX BURKE  |  WEDNESDAY, 16 MAR 2016
The Financial Services Council has announced the winners of its 2016 Life Insurance Awards. Six awards were presented - the first, the Pioneer Award for "[demonstrating] an outstanding commitment to innovative thinking to transform the life insurance ...

Tail risk hedging works for industry fund

DARREN SNYDER  |  MONDAY, 29 FEB 2016
... assist performance in market downturns. "Our careful investment strategy in the defined benefit plan effectively provides insurance against fluctuating markets, and the result has been a resounding success story for a mature defined benefit plan," he ...

Financial services adding more to economy than mining

MARK SMITH  |  FRIDAY, 26 FEB 2016
... report contains a comprehensive summary of the financial services industry covering key sectors of superannuation, life insurance, investment, financial advice and trustees. "The FSC-UBS Report State of the Industry Report shows financial services makes ...

LIF expected before parliament this week

ALEX BURKE  |  THURSDAY, 11 FEB 2016
The Life Insurance Framework is expected to be put to the House of Representatives by Assistant Treasurer Kelly O'Dwyer this week. The government released exposure draft legislation in December 2015, based on the framework, which O'Dwyer said at the ...

FSC elects new board member

MARK SMITH  |  WEDNESDAY, 3 FEB 2016
... role. "Brett brings a deep understanding of financial services to the FSC board which spans 20 years and covers life insurance, wealth management and consulting," FSC chairman Greg Cooper said. Prior to his current role at TAL, Clark ran TAL Life Australia ...

FSC calls for 22% company tax

MARK SMITH  |  MONDAY, 18 JAN 2016
... will rise 1.8%. Within the package the FSC has also renewed its calls to State governments to remove stamp duties on insurance which it said result in costs being passed on to consumers with little returned to the states. "Insurance duties are one of ...

Choice of super fund won't always work: REST

DARREN SNYDER  |  FRIDAY, 8 JAN 2016
... whereby an employee's choice is not suitable and leads to an employee suffering loss, reduced returns or poorly tailored insurance products, then this may create disharmony in the workplace." The Financial Services Council (FSC), which mainly represents ...

FSC slams insurance duty "boondoggle"

ALEX BURKE  |  THURSDAY, 10 DEC 2015
... drag on competition), Bragg suggested addressing the "low hanging fruit," such as removing state stamp duties on life insurance. "In an era where capital is mobile, our provincial focus and inefficient tax system is costing Australia investment and jobs," ...

MLC takes axe to life insurance premiums

DARREN SNYDER  |  MONDAY, 23 NOV 2015
MLC has announced it is cutting premiums for two life insurance products by up to 15% as part of a reinvigoration aimed solely at attracting new customers. The premium cuts come into effect at the same time MLC is beginning its customer smartwatch fitness ...