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Showing 11 - 20 of 741 results for "FSC"

FSC ups expectations on platform trustees' governance

JAMIE WILLIAMSON  |  THURSDAY, 16 APR 2026
... been developed in consultation with industry and is to commence July 1, with mandatory compliance from 1 January 2027. The FSC said the new standard promotes "the best financial interests of members by strengthening the governance settings that support ...

Digital advice spurring demand for full personal advice: Report

KARREN VERGARA  |  WEDNESDAY, 15 APR 2026
New research from the Financial Services Council (FSC) reveals digital advice is activating the demand for full personal advice and presents the opportunity for the industry to finally provide regulated digital advice at scale. The role and value of ...

New deputy chair for FSC

KARREN VERGARA  |  FRIDAY, 27 MAR 2026
The Financial Services Council (FSC) has appointed a new deputy chair as Alexis George steps down from the post. Challenger chief executive and managing director Nick Hamilton will replace George, who was in the role for one year. George's departure ...

Adviser reprimanded over clients' loss of cover

JAMIE WILLIAMSON  |  THURSDAY, 26 MAR 2026
The Financial Services and Credit Panel (FSCP) issued a reprimand to a financial adviser who recommended a client roll their super over to another product, costing them their insurance coverage. The financial adviser was reprimanded this month, after ...

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 ...