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Showing 281 - 290 of 837 results for "Financial Services Council"

TCorp investment operations boss departs in leadership restructure

ALEX BURKE  |  THURSDAY, 17 MAY 2018
... executive David Deverall said. "He has been an active participant in the industry as a member of the Financial Services Council investment committee. At TCorp, Jonathan established operational due diligence as a key discipline and has been a strong advocate ...

Peak bodies join forces over due diligence

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
The Australian Institute of Superannuation Trustees and the Financial Services Council have joined forces, releasing guidance tools designed to help fund managers prepare operational due diligence reports for the superannuation industry. The FSC has ...

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... valuable," Fahy said. "Moving to an opt-in model puts insurance coverage at risk for this segment." Financial Services Council chief executive Sally Loane said super trustees "must carefully consider how they communicate this policy change to members ...

Budget paves way for retirement income framework

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... retirement income covenant and product disclosure framework measures have no impact on expenditure. The Financial Services Council said it welcomes the Government's efforts to reform the pensions test for lifetime annuities, and the concept requiring ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... leave and increased financial counselling services for the Aboriginal and Torres Strait Island people. Financial Services Council (FSC) The body representing about $2.7 trillion managed by 100 members across Australia's wholesale and funds management ...

Life insurance regulation needs government backing: Poll

KARREN VERGARA  |  WEDNESDAY, 2 MAY 2018
... practices and advertising, and policy design and disclosure. The poll, which was conducted at the recent Financial Services Council Life Insurance Conference, found more than a third (36%) said the bar set by the code was too low, while the majority ...

Asia Region Funds Passport legislation tabled

JAMIE WILLIAMSON  |  THURSDAY, 29 MAR 2018
... to implement the Asia Region Funds Passport Bill was tabled in Federal Parliament yesterday but the Financial Services Council said there is still work to be done. Minister for Financial Services and Revenue Kelly O'Dwyer described the initiative as ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... proactive in informing customers about the status of their group life insurance accounts. In response, the Financial Services Council (FSC) said many of the PJC's recommendations - particularly around claims handling, medical definitions, customer communication ...

Challenger chief becomes FSC deputy chair

ALEX BURKE  |  THURSDAY, 22 MAR 2018
Challenger chief executive Brian Benari has taken on a role on the board of the Financial Services Council. Benari will become the FSC's co-deputy chair, alongside BT Financial Group chief executive Brad Cooper. Benari said: "I'm pleased to take on ...

O'Dwyer flags government intervention on insurance in super code

KARREN VERGARA  |  THURSDAY, 22 MAR 2018
... retirement savings. Kelly O'Dwyer expressed her frustration with the industry's inertia at yesterday's Financial Services Council Life Insurance Conference in Sydney. She is "convinced" trustees are not taking their best interest duties seriously. "I ...