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Showing 311 - 320 of 837 results for "Financial Services Council"

Government opens doors to offshore investment vehicles

ALEX BURKE  |  FRIDAY, 25 AUG 2017
... leverages our large pool of funds under management and benefits both fund managers and investors." The Financial Services Council has long supported the introduction of this legislation. At the FSC's 2016 Leaders Summit in Melbourne, chief executive ...

Life insurer surpasses code of conduct

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
... purchased from 10 August 2009, despite being only applicable for new customers from 1 July 2017. The Financial Services Council recently rolled out its code of practice requiring all members to comply with the new definitions, along with providing greater ...

Millennial disengagement dire for economy: FSC

KARREN VERGARA  |  THURSDAY, 27 JUL 2017
... chronic disengagement with their super, which in the long-term is dire for the economy, according to the Financial Services Council. Only 23% of young adults trust the superannuation industry and 57% say super fees are not transparent enough, FSC chief ...

Royal Commission unnecessary: FSC

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
... unnecessary given the amount of substantial reforms and remediation the industry has already undertaken, the Financial Services Council said. In responding to Shadow Treasurer Chris Bowen's push for a Royal Commission scrutinising all elements of the ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
... are sensible reforms that are already being embedded in the practices of high performing funds." The Financial Services Council has applauded the moves, saying "consumers should rightly have the power to ask questions of the directors and senior managers ...

Asset managers held to higher standard: FSC

EMMA RAPAPORT  |  THURSDAY, 20 JUL 2017
... Australia's first Internal Governance and Asset Stewardship Standard. The Standard, administered by the Financial Services Council (FSC), will work to ensure higher standards across the industry by requiring asset managers to publically disclose their ...

Government shows commitment to funds management

EMMA RAPAPORT  |  WEDNESDAY, 19 JUL 2017
... of consultations on whether a legislative management is required. The moved has been welcomed by the Financial Services Council who says the changes will provide a significant boost to Australian fund managers looking to sell their skills and expertise ...

Insurers held to account with new FSC code

ALEX BURKE  |  MONDAY, 3 JUL 2017
The Financial Services Council rolled out its Life Insurance Code of Practice, along with a new set of standardised medical definitions, on July 1. The new definitions for cancer, heart attack and stroke in trauma and critical illness policies were ...

Goodments outshines at WAMTech PitchFest

EMMA RAPAPORT  |  MONDAY, 3 JUL 2017
... of mentoring from an EY leader to help grow and develop his business. The event was supported by the Financial Services Council, with FSC chief executive Sally Loane congratulating Culver and everyone that took part. "We have heard from so many talented ...

MLC Life adapts to meet shifting expectations

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2017
... said. In 2016, MLC Life commissioned the Big Data in Life Insurance Report in conjunction with the Financial Services Council (FSC) and research firm EY Sweeney, demonstrating that big data will enable quicker claims processing and the creation of more ...