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Showing 271 - 280 of 737 results for "FSC"

FSC takes aim at complacency in super

ALEX BURKE  |  WEDNESDAY, 27 SEP 2017
... aim at what it perceives as a complacent super industry. In a report developed alongside Trustee Tailored Super (TTS), the FSC makes an argument that while the world is propelled forward by rapidly advancing technologies, "the superannuation industry ...

Superannuation gets another makeover

EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
... the Nick Xenophon team which proposed the removal of the $450 monthly income threshold for employer superannuation payments. FSC chief executive Sally Loane welcomed the latest reforms saying they will modernise the superannuation system and make it ...

Group insurance inaction is "robbery": Inquiry

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
... limits of the Financial Services Council Life Insurance Code of Practice which doesn't cover group insurance. CommInsure, an FSC member, has adopted the code. AMP appeared at the last hearing said it intends to sign up to the FSC Code of Practice as ...

Government opens doors to offshore investment vehicles

ALEX BURKE  |  FRIDAY, 25 AUG 2017
... fund managers and investors." The Financial Services Council has long supported the introduction of this legislation. At the FSC's 2016 Leaders Summit in Melbourne, chief executive Sally Loane said: "For heaven's sake, move forward with the recommendations ...

Life insurer surpasses code of conduct

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
... customers impacted by a major illness, such as cancer and stroke. Clark said: "We look forward to continuing to work with the FSC, other life insurance industry members and superannuation fund trustees on the next iteration of the code to continue driving ...

Technology and mergers threaten insurers

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2017
... "There's more pressure on businesses to align governance and processes with regulatory requirements from APRA, ASIC and the FSC, and to conduct regular audits - which is costing time and money." In a heavily regulated industry, many are looking for ways ...

Direct life insurance review underway: ASIC

KARREN VERGARA  |  FRIDAY, 28 JUL 2017
... insurance via direct channels is underway. ASIC senior executive leader and regional commissioner, Michael Saadat, told the FSC Leaders Summit this week that the corporate regulator is undertaking a comprehensive look at the practices and culture of ...

Millennial disengagement dire for economy: FSC

KARREN VERGARA  |  THURSDAY, 27 JUL 2017
... Services Council. Only 23% of young adults trust the superannuation industry and 57% say super fees are not transparent enough, FSC chief executive Sally Loane said. The generation between 18 and 34 years old, who in eight years' time will comprise two-thirds ...

O'Dwyer names one-stop-shop dispute resolution lead

KARREN VERGARA  |  THURSDAY, 27 JUL 2017
... superannuation dispute resolution bodies into a one-stop-shop. Revenue and Financial Services Minister Kelly O'Dwyer told the FSC Leaders Summit yesterday that Malcolm Edey will lead an operational transition team as chair to consolidate the three existing ...

Royal Commission unnecessary: FSC

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
... to Shadow Treasurer Chris Bowen's push for a Royal Commission scrutinising all elements of the financial services industry, FSC chief executive Sally Loane questioned the need for one. Addressing the second day of the FSC Leaders Summit, Loane said ...