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Showing 191 - 200 of 737 results for "FSC"

FSC, ISA face off over APRA heat map

HARRISON WORLEY  |  MONDAY, 18 NOV 2019
... 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 ...

Calls for clarity on personal advice in DDO

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... the requirements by listing them as "excluded dealings". However, platform operators are not recognised as "associates". The FSC is asking for the Corporations Act to be amended (or a regulation) to broaden the definition of excluded conduct to include ...

FSC restructures, bolsters policy team

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
... 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." Financial ...

AllianceBernstein boss lands FSC directorship

HARRISON WORLEY  |  WEDNESDAY, 23 OCT 2019
... establish and grow "vital" teams within AB both globally and within Australia, such as launching its London office in 2000. FSC chair Geoff Lloyd welcomed the wealth of investment experience and knowledge Driscoll will bring the council's board. "A successful ...

TPD riddled with issues: ASIC

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... highlight the substantial progress the life insurance industry has made in the last couple of years. KPMG on behalf of the FSC collect TPD claims data every six months and we know this data collection initiative is unsurpassed anywhere else in the world ...

Grandfathered commissions ban passes

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... the first to welcome the new law, saying that it has consistently supported the ending of grandfathered conflicted payments. FSC chief executive Sally Loane said: "It is encouraging to see the government acting promptly on the Royal Commission implementation ...

Mental health tops TPD claims

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... 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 the extent of ...

Spotlight on super welcomed

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... superannuation, and legislating an obligation for trustees to consider the retirement needs of their members." Loane added the FSC would make several points in its submissions to the review, including that the government retain its policy of increasing ...

One regulatory regime enough: FSC

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
... financial advisers. In a submission to the independent review of the Tax Practitioner's Board and Tax Agents Service Act 2009, the FSC called for one regulatory regime for advisers providing both tax and financial advice, arguing the current system which ...

United front but no merger: AFA

JAMIE WILLIAMSON  |  MONDAY, 2 SEP 2019
... that it's a logical move given the AFA and the FPA represent about 70% of Australia's financial advisers. Appearing at the FSC Summit earlier this week, De Gori didn't rule out the possibility however, saying any merger would be up to the members of ...