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Showing 221 - 230 of 737 results for "FSC"

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... said. The Financial Services Council was also concerned about the best-in-show list and its potential unintended consequences. FSC chief executive Sally Loane said the list could create a "monolithic concentration of funds, stifle competition and create ...

Survey says no to subsidising life insurance for genetically at-risk Aussies

HARRISON WORLEY  |  MONDAY, 10 DEC 2018
... life insurance for those with adverse genetic test results, according to the latest Financial Services Council study. The FSC recently released results of its consumer survey conducted in July this year. The survey was aimed at understanding Australia's ...

Stop genetic testing questions: Poll

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
... cover without having to disclose an adverse genetic test result. The moratorium is expected to be in place until 30 June 2024. FSC chief executive Sally Loane said the arrangement will be similar to the UK, whereby Australians will have the option to ...

FSC moves to protect retail super from ALP 'tinkering'

HARRISON WORLEY  |  WEDNESDAY, 14 NOV 2018
... over Labor's proposed changes to franking credits. In a submission to the House of Representatives Economics Committee, the FSC outlined the impact of the current franking system, noting more than 2.6 million members of large superannuation funds benefited ...

FSC revamps life insurer code

KANIKA SOOD  |  MONDAY, 12 NOV 2018
... standards in product design, sales, underwriting, customer service, complaints and claims handling for the life insurers, FSC said. Key changes include getting life insurers to ban pressure selling products or using coercive retention tactics. The FSC ...

Life insurers fear genetic testing changes

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
... using genetic test results as part of insurance applications on 1 July 2019. It is expected to be in place until 30 June 2024. FSC chief executive Sally Loane said similar to the UK, Australians will have the option to disclose favourable genetic test ...

FSC appoints UBS, Mercer heads

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... 29. They replace outgoing directors ANZ deputy chief executive Alexis George and MLC Super chief executive Matthew Lawrence. FSC has confirmed Challenger's outgoing chief executive Brian Benari will retain his co-deputy chair role on the FSC's board ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... superannuation trustees more time to get retirement income strategies in order. Robert told a Financial Services Council (FSC) event in Sydney this morning that following the first phase of retirement income framework consultation, the $50,000-and-over ...

Life insurer early intervention reforms dumped

KARREN VERGARA  |  THURSDAY, 25 OCT 2018
... payments for treatment to Australians at risk of long-term incapacity where they are not covered by private health insurance, the FSC said in a statement. "The industry proposed early intervention will allow insurers to fund a range of treatments to ...

Insurance shake-up puts clients first

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
... the steps the industry has taken to establish the Life Insurance Code of Practice. Willsford, who previously worked with the FSC and industry stakeholders to introduce fee disclosure in prospectuses, understands the challenges of launching unprecedented ...