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Showing 31 - 40 of 43 results for %22FSC Summit%22

Focus on older men will kill financial planning

ALEX BURKE  |  FRIDAY, 22 JUL 2016
... financial advice spells doom for the industry, according to Affinia head Marcus O'Sullivan. Commenting on a panel at the 2016 FSC Leaders Summit in Melbourne, O'Sullivan said the severe lack of diversity in financial planning was a major hindrance to ...

Diversity isn't going to a Chinese restaurant: PwC

ALEX BURKE  |  FRIDAY, 22 JUL 2016
... directors going to a Chinese restaurant now and then, according to PwC partner Ken Woo. Speaking on a diversity panel at the 2016 FSC Leaders Summit in Melbourne, Woo acknowledged a natural bias in the recruitment process where "you find people who look ...

"We were wrong about super": FSC chair

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... incorrectly to Australians, according to the Financial Services Council's new chair Geoff Lloyd. Speaking on a panel at the 2016 FSC Leaders Summit in Melbourne, Lloyd said: "The industry was wrong to sell super as a great way to invest. It's a great ...

Treasurer ignored credit warnings: Bowen

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... said Treasurer Scott Morrison ignored his warnings that Australia was in danger of losing its AAA credit rating. At the 2016 FSC Leaders Summit in Melbourne, Bowen said that the Coalition has repeatedly ignored warnings from S&P that fiscal policy which ...

Fund assets surge while market shrinks: FSC/Morningstar

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... active funds is steadily decreasing, according to new research by the Financial Services Council and Morningstar. The new FSC/Morningstar report, released during the 2016 FSC Leaders Summit in Melbourne, showed that while Australia's financial services ...

New $70bn MLC fund gives retail access to unlisted

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... NAB Wealth executive general manager Paul Carter. Speaking on a panel on superannuation fund scale advantages at the 2016 FSC Leaders Summit in Melbourne, Carter said: "Consolidation gives us better access to best of breed investment options. "Our MLC ...

ASIC needs to focus on prevention, not cure

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... industry and develop more proactive regulation, according to Affinia chair Steve Helmich. Speaking on a panel at the 2016 FSC Leaders Summit in Melbourne, Helmich said that ASIC's role is to ensure favourable customer experience based on compliance ...

O'Dwyer says life insurance back on the agenda

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... insurance reforms are back on the agenda, Minister for Revenue and Financial Services Kelly O'Dwyer said. Speaking at the 2016 FSC Leaders Summit in Melbourne, O'Dwyer noted that "too often" Australians have received bad or inadequate financial advice ...

No more inquiries, says FSC

ALEX BURKE  |  WEDNESDAY, 20 JUL 2016
... government terms to end the "traffic jam of financial reform" which has cost the industry nearly $3 billion. Speaking at the 2016 FSC Leaders Summit in Melbourne, Loane slammed the number of "substantial" reforms to which the industry has been subjected ...

FSC names new chair

ALEX BURKE  |  WEDNESDAY, 20 JUL 2016
Financial Services Council chief executive Sally Loane has named the organisation's new chair. Speaking at the FSC Leaders Summit 2016 in Melbourne, Loane said that outgoing chair Greg Cooper would be replaced by Perpetual chief executive Geoff Lloyd. ...