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Showing 421 - 430 of 755 results for "FSC"

Retail funds get behind campaign to lower fees

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
... have entered industry fund territory and admitted that high super fees need to be lowered. The Financial Services Council (FSC), which represents the retail side of the superannuation industry, has stated that "superannuation fees are too high. More ...

Murray slams "silly suggestions"

MARK SMITH  |  TUESDAY, 11 AUG 2015
... and it has made the arguments put forward by all sides pretty weak," he said during an entertaining break-out session at the FSC Conference. "The people that claim for-profit is bad have to [declare] what set of interests are being protected if they ...

Frydenberg slams modern awards as poorly-conceived

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
... current "poorly-conceived" selection process of default superannuation funds. Speaking at the Financial Services Council (FSC) annual conference he said: "Opening the superannuation market to competition will require consideration of an alternative to ...

FSC awards industry execs

LAURA MILLAN  |  FRIDAY, 7 AUG 2015
The FSC awarded eight top executives for their contributions to the industry at the conference gala dinner, which took place last night at Movie World, on the Gold Coast. The eight winners were Perpetual senior risk manager Alan Lewitton, AMP's Janet ...

MySuper fee savings can be doubled

MARK SMITH  |  THURSDAY, 6 AUG 2015
... 10% in fees by 2018 with most of those savings coming from the retail sector," he said at the Financial Services Council (FSC) Conference in the Gold Coast. Benefits did arise from scale with larger funds exhibiting lower fees. However, there is a significant ...

FSC calls for 12% super by 2022

MARK SMITH  |  THURSDAY, 6 AUG 2015
... Sally Loane has called for a bipartisan commitment to 12% superannuation contributions by 2022 in her keynote speech to the FSC Annual Conference on the Gold Coast. "With average balances still low - at $70,000 for women and $110,000 for men a^\' and ...

Custody: Revolution or evolution?

MARK SMITH  |  WEDNESDAY, 5 AUG 2015
... representatives from the custody industry tried to answer during a light-hearted debate during the lunch break on the first day of the FSC Annual Conference. Arguing that the custody industry would be unrecognisable in five years were EY Asset Servicing ...

Adapt or die, asset managers warned

MARK SMITH  |  WEDNESDAY, 5 AUG 2015
... half expect competition from new entrants to the market. The research was launched during the Financial Services Council (FSC) Annual Conference in the Gold Coast. Generally speaking, managers are reshaping their product mix and see innovation as the ...

China FTA gives Australia "first mover advantage"

LAURA MILLAN  |  MONDAY, 3 AUG 2015
... the Parliamentary Joint Standing Committee on Treaties on behalf of the funds management sector, Financial Services Council (FSC) director of policy Andrew Bragg said: "ChAFTA builds the architecture we need to compete in the Asian century. It gives ...

NZ looks to Trowbridge for life reforms

ALEX BURKE  |  TUESDAY, 28 JUL 2015
New Zealand's Financial Services Council (FSC) has commissioned a report on life insurance advice, with Life Insurance and Advice Working Group chair John Trowbridge selected as an adviser for the project. Consulting actuaries Melville Jessup Weaver ...