Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 682 results for "FSC"

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
According to the Financial Services Council (FSC), Australia's funds management industry continues to see significant growth but is falling behind when it comes to attracting more capital from overseas investors under the new Corporate Collective ...

Peter Costello steps down from Future Fund

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... obligations without placing an undue burden on future generations, they said. Meanwhile, today the Financial Services Councils (FSC) of Australia and New Zealand revealed that Costello will headline the first Trans-Tasman Strategic Leaders Summit taking ...

UniSuper partners to buy Tasmanian timber plantation

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023
... natural capital and biodiversity markets." In December 2022, Forico became the first forestry manager in Australia to achieve FSC Ecosystem Services certification for its approach to protecting the biodiversity values across its estate.

CALI takes on Life Code

CHLOE WALKER  |  THURSDAY, 28 SEP 2023
... the responsibility for the Life Insurance Code of Practice (Life Code) will transition from the Financial Services Council (FSC) to the Council of Australian Life Insurers (CALI). Launched last year, CALI is the brainchild of a collective of life insurers ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
... our commitment to a future where all Australians can face into retirement with confidence." The Financial Services Council (FSC) also welcomed the government's consultation on a proposed definition and objective for the super system. FSC chief executive ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... Wealth and Insignia Financial respond to the 2023 superannuation performance test results, the Financial Services Council (FSC) and Super Consumers Australia have said the government must still do more to ensure members in underperforming products are ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... to rise from its current 40% to 60% by 2063. Industry bodies have welcomed the findings, with Financial Services Council (FSC) chief executive Blake Briggs saying the government is right to prioritise action. "The Retirement Income Covenant requires ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
The Financial Services and Credit Panel reprimanded a financial adviser who inadequately assessed the consequences of rolling over superannuation and life insurance cover, labelled the panel's least serious disciplinary action yet. Keeping the adviser's ...

Rethinking retirement: Focus on spending, not saving

ANDREW MCKEAN  |  FRIDAY, 21 JUL 2023
... emphasised the need to inspire more confidence in individuals approaching retirement. On a panel at a Financial Services Council (FSC) policy briefing on Thursday, Hillier said the predominant fear for retirees is the risk of running out of money. Addressing ...

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
The Financial Services and Credit Panel has ordered an audit of a financial adviser who carelessly recommended a client switch superannuation funds. Releasing its second determination since it launched, the FSCP said the unnamed adviser, only referred ...