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Showing 11 - 20 of 100+ results for "Financial Services Council"

FSC releases two new standards

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
The Financial Services Council released two new standards, one of which helps members abide by the newly mandated advice fee consent requirements. FSC members will need to comply with FSC Guidance Note No. 43 from 1 January 2022, which was constructed ...

FSC names acting chief executive

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
The Financial Services Council appointed an acting chief executive as it looks to replace Sally Loane, who steps down on December 23. Blake Briggs, currently the deputy chief executive of the FSC, will take the top job in the interim. Briggs joined ...

New appointments to FSC board

CHLOE WALKER  |  FRIDAY, 10 DEC 2021
The Financial Services Council (FSC) has today announced the appointments of AMP Australian Wealth Management chief executive Scott Hartley, and Challenger chief executive, people, corporate affairs and strategy Michelle Taylor, as directors to the ...

CCIV legislation introduced

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
... of global funds, more closely matching its strengths as a financial services hub," Verwer said. The Financial Services Council said it has been advocating for the CCIV for many years because of the significant export opportunity for Australia's funds ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... regularly review a retirement income strategy for members who are retired or approaching retirement. The Financial Services Council chief executive Sally Loane said the progress of the Retirement Income Covenant is strongly supported. "There is an urgent ...

New FSC board appointment

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
Bell Asset Management chief executive Nick Fels has joined the board of the Financial Services Council (FSC). Fels has more than 30 years' experience in the financial services industry. He has been chief executive of Bell Asset Management since 2017 ...

Sally Loane resigns as FSC chief

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
The Financial Services Council has announced that Sally Loane will step down as chief executive at the end of the year. Loane has led the industry body for seven years, including through the Royal Commission and its aftermath. In her time, Loane was ...

UBS names country head from BlackRock

ANNABELLE DICKSON  |  MONDAY, 18 OCT 2021
... Committee and a number of diversity and mentoring initiatives. Telfer is currently a member of the Financial Services Council Investment Experts Group. Prior to joining BlackRock in 2013, Telfer served as senior legal counsel and later as a director ...

Industry mixed over FSC advice framework

ANNABELLE DICKSON  |  FRIDAY, 15 OCT 2021
The financial advice industry welcomes the Financial Services Council (FSC) recommendations to help reduce red tape and make financial advice more affordable, but one dealer group is unsure whether the FSC is trustworthy - particularly for risk advisers. ...

FSC advice reforms slash time, costs by 30%

KARREN VERGARA  |  TUESDAY, 12 OCT 2021
The reforms proposed by the Financial Services Council could reduce the time and cost to produce financial advice by more than 30% respectively. Modelling provided by KPMG Australia estimates that advisers incur $5334 to provide advice and spend 23.9 ...