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Showing 341 - 350 of 837 results for "Financial Services Council"

Productivity Commission proposes default super overhaul

EMMA RAPAPORT  |  WEDNESDAY, 29 MAR 2017
... not only ludicrous but also inefficient," AIST chief executive Eva Scheerlinck said. In contrast, the Financial Services Council (FSC) is broadly supporting the Commission's view that reform of the default superannuation system is necessary, with chief ...

FSC board appoints AMP exec

ALEX BURKE  |  WEDNESDAY, 22 MAR 2017
A senior AMP executive is joining the board of the Financial Services Council. AMP group executive, advice and New Zealand Jack Regan will also become co-chair of the FSC's advice board committee. Before his current role at AMP, he was managing director ...

Access to super for housing is still bad policy

EMMA RAPAPORT  |  WEDNESDAY, 15 MAR 2017
... broader package to increased housing supply, Industry Super Australia, the SMSF Association, and the Financial Services Council have all remained emphatic in their opposition to the policy. "This proposal could reduce retirement savings and drive up ...

Proactive group releases life insurance guidance

EMMA RAPAPORT  |  MONDAY, 13 MAR 2017
... for group insurance data. Made up of the Australian Institute of Superannuation Trustees (AIST), the Financial Services Council (FSC), the Industry Funds Forum (IFF) and Industry Super Australia (ISA), the group released Guidance Note 33 - Best practice ...

Life insurance industry rebuts need for greater reform

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2017
... industry's biggest players fronted the Parliamentary Joint Committee inquiry into life insurance on Friday. Financial Services Council chief executive Sally Loane faced the panel first, telling the Committee that any further regulation imposed on the ...

Australia missing golden export opportunity

ALEX BURKE  |  WEDNESDAY, 1 MAR 2017
... offshore funds, and by extension, the Australian economy. New research from UBS Asset Management and the Financial Services Council shows that over the past 30 years, the amount of funds under management in Australia on behalf of overseas investors (primarily ...

Super funds receive guidance on RG97

DARREN SNYDER  |  TUESDAY, 21 FEB 2017
... Superannuation Trustees (AIST), the Association of Superannuation Funds of Australia (ASFA) and the Financial Services Council (FSC) released the joint RG97 guidance note ahead of the regulator's transition period beginning 1 March 2017. RG97 has caused ...

Landmark advice reforms pass Senate

EMMA RAPAPORT  |  FRIDAY, 10 FEB 2017
... significant piece of reform which will strengthen financial advice and community trust in the industry," the Financial Services Council said in a statement. "Consumers will have confidence that those they entrust to provide them with advice meet high ...

The race is on for offshore investments

ALEX BURKE  |  TUESDAY, 17 JAN 2017
... New Year will be crucial for simplifying regulation around offshore investment vehicles, according to Financial Services Council chief executive Sally Loane. Speaking to Financial Standard, Loane noted that corporate collective investment vehicles (CIVs) ...

FSC speaks out against elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
The Financial Services Council affirmed its support of the Australian Law Reform Commission's proposed amendments to help combat elder abuse. The FSC commended the commission's development of a national plan to address elder abuse, particularly a reform ...