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Showing 471 - 480 of 840 results for "Financial Services Council"

FSC backs Commission on choice of super funds

DARREN SNYDER  |  WEDNESDAY, 20 MAY 2015
The Financial Services Council (FSC) is backing the Royal Commission into Trade Union Governance and Corruption to remove laws that deny employees a choice of superannuation fund. FSC chief executive, Sally Loane, said super must be decoupled from the ...

Industry meets behind closed doors to fix advice

LAURA MILLAN  |  WEDNESDAY, 29 APR 2015
... consultative process" similar to the one that led to the implementation of a financial adviser register. Financial Services Council (FSC) director of policy Andrew Bragg said that the organisation feels "very optimistic that this will resolve in reform." ...

FEATURE: Where next for risk advice?

ALEX BURKE  |  TUESDAY, 28 APR 2015
... own actions" - was referring, of course, to the Trowbridge Report. What does it say? Initiated by the Financial Services Council and the Association of Financial Advisers, the Trowbridge Review on Retail Life Insurance Advice was designed as an independent ...

Government needs to allow retail default super

ALEX BURKE  |  THURSDAY, 23 APR 2015
In its final Financial System Inquiry (FSI) submission to the Treasury, the Financial Services Council (FSC) has petitioned Government to allow APRA-approved MySuper funds into the default superannuation market. Arguing that the current system stifles ...

Grattan issues new report on super fees

ALEX BURKE, ALEX DUNNIN  |  MONDAY, 20 APR 2015
... should be default fund tenders to "[force] funds to compete on cost while preserving asset allocation." Financial Services Council (FSC) chief executive Sally Loane welcomed the focus on fees among default MySuper products especially as some of the lowest ...

Frydenberg sets fuse on Trowbridge time bomb

MARK SMITH  |  WEDNESDAY, 15 APR 2015
... before the government takes action - and the industry doesn't have long. Speaking at a BT-sponsored Financial Services Council (FSC) event in Sydney, Frydenberg said: "The real pressure is on the industry to [act] quickly. I'm not saying over many months. ...

FSC hails register a step towards profession status

DARREN SNYDER  |  WEDNESDAY, 1 APR 2015
The Financial Services Council (FSC) welcomed the ASIC national register of advisers. Seen as an important step for rebuilding trust in the financial advice industry, FSC chief executive Sally Loane said the register of advisers is one of many important ...

Industry bodies respond to Hockey's tax debate

ALEX BURKE  |  MONDAY, 30 MAR 2015
The Financial Services Council, Association of Superannuation Funds of Australia and Australian Institute of Superannuation Trustees have responded to some of the questions raised in Treasurer Joe Hockey's Tax Discussion Paper. FSC chief executive Sally ...

Trowbridge releases final report

ALEX BURKE  |  THURSDAY, 26 MAR 2015
... version of the Trowbridge Review on Retail Life Insurance Advice has been released. Initiated by the Financial Services Council (FSC) and the Association of Financial Advisers (AFA), it was designed as an independent review following the Australian Securities ...

Degrees don't ensure good financial advice

ALEX BURKE  |  WEDNESDAY, 25 MAR 2015
... have a degree to be a financial planner. There are plenty of idiots with degrees," said the former Financial Services Council boss. "Just having a commerce degree... How does that make you a good financial planner? There is an argument for a competency ...