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Showing 571 - 580 of 2252 results for "Council"

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
... has acknowledged that commissions are an acceptable form of remuneration," Hume told yesterday's Financial Services Council Life Insurance Summit. "I recognise that a flat fee charged for advice can be a challenging business proposition." In the ...

Government merges advice reviews

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
... economy and women's economic security Jane Hume announced this morning. Speaking at the annual Financial Services Council Life Insurance Summit, Hume highlighted areas that overlap across the two reviews that prompted the move. Under Treasury's new ...

FSC proposes new advice model

KARREN VERGARA  |  MONDAY, 19 APR 2021
... recommendations that will help reduce red tape and make financial advice more affordable, according to the Financial Services Council. The financial services' peak body has laid out its recommendations in a new green paper, Affordable and accessible ...

Include ESG in BFID: FSC

KANIKA SOOD  |  TUESDAY, 13 APR 2021
The Financial Services Council (FSC) wants superannuation funds' ESG investments to be included in the proposed Best Financial Interests Duty. The government's BFID wants super trustees to make decisions that are in best "financial" interests of their ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
Just like the myth of Europa, Eurozone equities are riding on the back of a bull. Eurozone equities soared to their highest levels in 13 years. The VStoxx index - the Eurozone's fear gauge dropped to 13-month lows. Lucky 13. The Euro Stoxx-50 index ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... and distribution obligations coming into effect later this year, according to a lawyer. Speaking at a Financial Services Council (FSC) event King & Wood Mallesons partner Nathan Hodge said the DDO imposes a lot more implications for product providers ...

Advice association chief steps down

JAMIE WILLIAMSON  |  THURSDAY, 25 MAR 2021
... requirements, he said. "Similarly, he facilitated our collaboration with the Financial Planning Association, Financial Services Council and other industry stakeholders, via forums such as the AFA/FPA Joint Associations Life Insurance Task Force and Choice ...

Bennelong hires for new role

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... Craig Bingham. Haqqani was previously a senior policy manager, retirement income and investments at the Financial Services Council and spent four years at Challenger working on retirement income policy and boutiques and investments compliance. She has ...

FSC defends retail super funds

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
The Financial Services Council has hit back at claims made by Industry Super Australia that retail super funds rort members out of billions of dollars. ISA made the statement back in December last year when responding to the Morrison government's announcement ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... not-for-profit sector, thanks to loopholes in the proposed legislation. Following conversations with Treasury, the Australian Council of Trade Unions assistant secretary Scott Connelly said department officials have confirmed that dividend payments are ...