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Showing 261 - 270 of 837 results for "Financial Services Council"

Assistant Treasurer warns super funds to lift engagement game

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
... specifically letting the issue of multiple accounts get out of control. Robert told this week's Financial Services Council policy breakfast that sending annual statements to members under the guise of "engagement" isn't good enough. He was particularly ...

FSC appoints UBS, Mercer heads

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
The Financial Services Council has appointed Mercer and UBS Asset Management's Australian heads to its board to fill two director vacancies. Mercer Australia managing director Ben Walsh and UBS Asset Management Australia chief executive Bryce Doherty ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... giving 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
... Parliamentary Joint Committee on Corporations and Financial Services' report released yesterday, the Financial Services Council said it was "deeply disappointed" the changes it was backing have been rejected. It means the current rules prevent life ...

ASIC slams unacceptable reporting breaches

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
... requirements, he added. Shipton warned boards and senior executives to address these "significant failings." Financial Services Council chief executive Sally Loane said financial institutions more than ever need to embrace a sense of urgency to respond ...

Give life code a chance, Loane tells Royal Commission

HARRISON WORLEY  |  FRIDAY, 21 SEP 2018
Financial Services Council (FSC) chief executive Sally Loane equated removing the carve out of life insurance claim handling in the Corporations Act to using "a sledgehammer to crack a nut." Appearing before the financial services Royal Commission on ...

Labor super reforms can reach further heights: Industry

DARREN SNYDER  |  WEDNESDAY, 19 SEP 2018
... Opposition "has committed to consider the impact that any future changes to super would have on women." The Financial Services Council (FSC) said Labor's plan should be commended because it helps all Australians on the path to a comfortable retirement. ...

FSC responds to direct life insurance findings

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
The Financial Services Council said it is "disappointed" ASIC's review into direct insurance has uncovered continuing practices of some life insurers that led to poor consumers outcomes. In response to the report ASIC handed down yesterday, the FSC ...

Life insurers take the Royal Commission stand

HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
... also flagged it would examine the current regulatory regime for the insurance industry, calling the Financial Services Council, Code Governance Committee, and Insurance Council of Australia to appear before counsel assisting. The sixth round of hearings ...

Industry bodies respond to RG97 review

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
... disclosure for consumers - but we will continue to work with ASIC as it responds to the report." The Financial Services Council chief executive Sally Loane commented its members have invested considerable time and resources to comply with the disclosure ...