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Showing 11 - 20 of 40 results for "Blake Briggs"

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... receive advice and the regulatory burden has pushed the cost of delivering advice to around $5000," FSC chief executive Blake Briggs said. "The FSC looks forward to working with the government to deliver on its commitment to introduce legislation implementing ...

FSC updates TMD template for fund managers

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
... updated FSC template is designed to address key compliance issues related to the DDO regime. FSC chief executive Blake Briggs said: "The DDO regime represents a transformative change in the way the financial services industry approaches the design and ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... additional $20+ billion from super per year leading to a 'more effective' retirement system," FSC chief executive Blake Briggs said. The paper also recommends the removal of regulatory barriers to innovative new retirement income products. This ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... and superannuation sectors by including ten new benchmarks into fund performance assessments. FSC chief executive Blake Briggs said: "In the highly complex and technical field of investment management the government should be congratulated for taking ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... to be published in early 2024. Responding to Jones' announcement, Financial Services Council chief executive Blake Briggs said it is "an opportunity to demonstrate the sector is consumer-focused and well-regulated, whilst also identifying opportunities ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... implementation of the Royal Commission into Banking, Superannuation and Financial Services industry. FSC chief executive Blake Briggs said: "The Assistant Treasurer has got the balance right with the CSLR scheme, which will provide consumers with a safety ...

Unindexed cap forecast to impact 500k people

CASSANDRA BALDINI  |  FRIDAY, 3 MAR 2023
... Government estimates, which only takes into account balances that are currently over $3 million," said FSC chief executive Blake Briggs. "Leaving the cap stuck at $3 million will mean that in today's dollars, a 30-year-old will have a real cap of around ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... ensure low-income workers are not paying more tax on their super than on their wages." Similarly, FSC chief executive Blake Briggs said: "The FSC urges the government to commit to using the revenue raised from the $3 million cap to improve equity in ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... the government's consultation on a proposed definition and objective for the super system. FSC chief executive Blake Briggs said: "The FSC supports the government's commitment to legislate an objective for the superannuation system as a priority ...

Associations call for improved access to financial advice

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... Financial Planning Association of Australia chief executive Sarah Abood, Financial Services Council chief executive Blake Briggs, FINSIA chief executive and managing director Yasser El-Ansary, Institute of Public Accounts chief executive Andrew Conway ...