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Showing 11 - 20 of 737 results for "FSC"

FSC questions SMC's claim on younger members' super switches

RIDDHIMA TALWANI  |  MONDAY, 23 MAR 2026
The Financial Services Council (FSC) has questioned Super Members Council's (SMC) recent research which found a spike in younger members switching out of industry funds into self managed super funds (SMSF) and platform products. FSC data to the ...

Treasury proposes advice education standard reforms

KARREN VERGARA  |  TUESDAY, 17 MAR 2026
... stakeholders. Treasury is seeking feedback on its suggested reforms and taking submissions until April 17. Financial Services Council (FSC) chief executive Blake Briggs commented the proposed reforms would create a more flexible pathway into the profession ...

SMSFs avoid advisers due to lack of asset-specific support

MATTHEW WAI  |  FRIDAY, 20 FEB 2026
... balances need to achieve "exceptional" returns to accommodate the cost of running an SMSF. Further, Financial Services Council (FSC) chief executive Blake Briggs said that, despite low engagement, the lack of regulatory oversight of the asset class can ...

Most read in 2025: Financial advice

STAFF WRITER  |  FRIDAY, 19 DEC 2025
... offered some hope in finally calling for a review of the controversial scheme. 2. The regulatory pendulum has swung too far: FSC At an event to mark the beginning of a new year, Financial Services Council (FSC) chief executive Blake Briggs said the regulatory ...

Estimated CSLR levy comes in at $127m for FY27

JAMIE WILLIAMSON  |  MONDAY, 17 NOV 2025
... on to pay up to the $20 million sector sub-cap, and potentially above it, for the wrongdoing of others." He added that the FSC is staunchly opposed to the ongoing use of 'special levies' to meet the shortfall, namely because they are inherently ...

ASIC cracks down on adviser CPD failures

ELIZA BAVIN  |  FRIDAY, 7 NOV 2025
Five financial advisers have been brought before the Financial Services and Credit Panel (FSCP) for failing to comply with their continuing professional development (CPD) requirements, ASIC said. The financial regulator convened multiple sitting panels ...

Metrics supports efforts to raise standards in private credit

RIDDHIMA TALWANI  |  THURSDAY, 6 NOV 2025
... growth in the sector robust minimum standards are necessary to maintain regulator and consumer confidence in the industry." The FSC said it will continue to engage with ASIC during this process to promote robust governance standards. "The FSC standard ...

Treasury seeks feedback on foreign investment reforms

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
... requirements, better manage approved investments, and provide more certainty on timely decisions. The Financial Services Council (FSC) welcomed the government's commitment to streamline the foreign investment framework, saying it will reduce unnecessary ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
... in the 12 months to June end. They currently represent about 13.1% of total super assets. The Financial Services Council (FSC) is currently developing best practice principles for platforms' investment governance to increase consumer protections. It ...

ASIC report a 'solid point of reference' for private credit guardrails

JAMIE WILLIAMSON  |  TUESDAY, 23 SEP 2025
... own independent review of the private credit sector, both overseas and at home. Meantime, the Financial Services Council (FSC) welcomed the findings, saying the report highlights both the important role private capital plays in financing innovation and ...