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Showing 351 - 360 of 838 results for "Financial Services Council"

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 ...

Top 10 superannuation stories in 2016

STAFF WRITER  |  WEDNESDAY, 21 DEC 2016
... about super: FSC chair The superannuation system was sold incorrectly to Australians, according to the Financial Services Council's recently appointed chair Geoff Lloyd. Speaking on a panel at the 2016 FSC Leaders Summit in Melbourne, Lloyd said: "The ...

Landmark ESG recommendations for Australia

DARREN SNYDER  |  TUESDAY, 20 DEC 2016
... other risk and return factors in investment decision making. The second recommendation calls for the Financial Services Council (FSC) to continue its work with Australian asset managers to strengthen stewardship expectations, including engaging companies ...

Life insurers complacent on Big Data

ALEX BURKE  |  MONDAY, 19 DEC 2016
... by life insurers in relation to adopting Big Data is unsustainable, a new report suggests. The MLC/Financial Services Council Big Data in Life Insurance report is based on data analysis and in-depth interviews with C-suite employees at 13 life insurance ...

ASIC approves world-first fintech exemptions

ALEX BURKE  |  THURSDAY, 15 DEC 2016
... before incurring many of the regulatory costs normally associated with running their business." The Financial Services Council hailed ASIC's decision as "creating an environment for innovative companies to bring their ideas to life." FSC chief executive ...

FSC names new director

DARREN SNYDER  |  THURSDAY, 15 DEC 2016
The Financial Services Council is welcoming a new director of policy. Replacing Andrew Bragg is Allan Hansell. He spent the last six years as senior manager, government and regulatory affairs with ANZ Wealth in Sydney. Prior to that he held a similar ...

Turnbull putting industry fund governance back on the table

ALEX BURKE  |  WEDNESDAY, 14 DEC 2016
Speaking at a Financial Services Council breakfast in Sydney, Prime Minister Malcolm Turnbull said he would use 2017 to address inconsistencies in super fund governance. He suggested that at present, super fund governance standards are not applied equally ...

Group insurance critical: FSC

KERRIE SYDEE  |  THURSDAY, 8 DEC 2016
... necessarily otherwise have. Submitting to the Parliamentary Joint Committee inquiry into life insurance, the Financial Services Council highlighted the role superannuation plays in providing an affordable level of insurance cover to 92% of the working ...

Advice experiences can help educate non-advised

KERRIE SYDEE  |  THURSDAY, 1 DEC 2016
... The research was supported by a grant from the Australian Research Council in partnership with the Financial Services Council (FSC) and reinforced the benefits financial planning offers to clients. The vast majority (84%) of clients reported high levels ...

ASIC falls on fund disclosure sword

DARREN SNYDER  |  WEDNESDAY, 30 NOV 2016
... these measures," Tanzer said. Several super industry groups have welcomed the extension, including the Financial Services Council which said it is "pleased with the regulator's pragmatic decision to extend the time allowed for fund managers and superannuation ...