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Showing 191 - 200 of 686 results for "FSC"

Government opens consultation for amended CCIV regime

ALEX BURKE  |  THURSDAY, 14 JUN 2018
The Federal Government opened consultation to industry stakeholders for the first tranche of the Treasury Laws Amendment (Corporate Collective Investment Vehicle) Bill 2018. In August 2017, the Government called for initial consultation on the CCIV ...

BTFG boss backs PC super proposals

KANIKA SOOD  |  THURSDAY, 7 JUN 2018
... directors on superannuation trustee boards and stronger APRA member protection powers," Cooper said. Industry associations FSC and SMSFA also supported PC recommendations on May 30.

Life insurer early intervention a win: Research

KARREN VERGARA  |  WEDNESDAY, 6 JUN 2018
... Recognising that certain constraints in the current system are leading to negative outcomes for some vulnerable Australians, the FSC noted a Parliamentary Joint Committee is currently considering whether to allow life insurers the ability to provide ...

Industry stakeholders welcome PC report

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
... would form a shortlist to be presented to all new workforce entrants, providing the ability to choose a default fund. The FSC said the decoupling of default super from industrial laws will increase competition in the sector, with increased governance ...

Life insurance data improving: Regulators

HARRISON WORLEY  |  FRIDAY, 25 MAY 2018
... to this area, and our continuing work is benefiting consumers, insurers, and regulators." The Financial Services Council (FSC) welcomed the in-principle support of the regulators improving life insurance data collection practices. Despite a smaller number ...

Aussie funds can benefit from FTA with EU: FSC

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... FTA will widen the door for Australian funds to access Europe's sophisticated funds management industry, it said. The FSC is also renewing calls for the Australian government to change tax regulation to ensure the financial services industry doesn't ...

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
... giants AustralianSuper and Cbus, the Australian Prudential Regulation Authority (APRA), and the Financial Services Council (FSC). AustralianSuper, which provides insurance to 1.4 million members through TAL, has also called for regulatory changes to ...

APRA urges super funds to examine board skills

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
... arrangements against, and identify areas for improvement," Rowell said. APRA's recommendations come as peak bodies AIST and FSC join forces this week in providing tools to assist fund managers in preparing operational due diligence reports for the superannuation ...

Peak bodies join forces over due diligence

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
... guidance tools designed to help fund managers prepare operational due diligence reports for the superannuation industry. The FSC has developed a questionnaire which will allow fund managers to respond to super fund due diligence requests more easily. ...

Budget paves way for retirement income framework

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... should provide certainty to the industry to facilitate the development of these products to meet the needs of retirees," the FSC said.