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Showing 11 - 20 of 685 results for %22FSC%22

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
... potential adverse consequences of introducing these changes without indexation. Pertinently, the Financial Services Council (FSC) estimates that up to half a million young Australians could be impacted by the time they retire. CA ANZ Superannuation and ...

FCA mulls capital requirements for firms giving bad advice

ANDREW MCKEAN  |  THURSDAY, 30 NOV 2023
The UK's Financial Conduct Authority (FCA) has proposed mandating personal investment firms, commonly known as investment advisers, to pre-emptively calculate and secure sufficient capital for potential redress liabilities. The financial regulator is ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER  |  MONDAY, 20 NOV 2023
New research commissioned by the Financial Services Council (FSC) highlights the case for a mechanism to support broader "modernisation" of superannuation and managed investment schemes. The report suggests current legislative and tax settings are inconsistent ...

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 ...