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Showing 41 - 50 of 2304 results for "Council"

Teen workers to miss out on $411m in FY27: SMC

MATTHEW WAI  |  TUESDAY, 4 AUG 2026
The Super Members Council (SMC) said half a million teen workers across Australia will miss out on $411 million in super this financial year due to the current exclusion if they work part-time. The SMC said the outdated law is prohibiting around 530,000 ...

Platforms are not solution providers: AZ NGA

MATTHEW WAI  |  FRIDAY, 31 JUL 2026
... productivity, reiterating that it is the advice business' responsibility to do so. Speaking at the Financial Services Council (FSC) Shaping Advice Summit, Barrett took aim at platforms for how they portray themselves as the leaders in solving adviser ...

Local advice sector an attractive opportunity for global PE firms

MATTHEW WAI  |  THURSDAY, 30 JUL 2026
... "infancy", many can capitalise on buying low and selling high. Speaking in a panel discussion at the Financial Services Council (FSC) Shaping Advice Summit in Sydney this morning, AZ NGA group chief executive Paul Barrett said the local advice platforms ...

FSC calls for tougher oversight of advice licensees

VINNY VUCAGO  |  THURSDAY, 30 JUL 2026
The Financial Services Council ( FSC ) has called for a significant overhaul of ASIC's supervisions of financial advice licensees, arguing stronger regulatory oversight is needed to better protect consumers following recent industry failures. In a white ...

Fight between SMC and FSC on super rages on

RIDDHIMA TALWANI  |  WEDNESDAY, 22 JUL 2026
The Super Members Council (SMC) has called out the Financial Services Council (FSC) on making selective claims about performance and costs of 'platform' super funds compared with performance-tested mainstream MySuper funds. A latest research by FSC ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... affordability and availability, including through insurer data, to support informed decisions. The intent was welcomed by the Council of Australian Life Insurers (CALI), where chief executive Christine Cupitt said the new expectations were a strong message ...

Aware hikes fees for former TelstraSuper members

ELIZA BAVIN  |  TUESDAY, 14 JUL 2026
... trends in claims across the super and insurance industries that are impacting the cost of insurance." Recent data from the Council of Australian Life Insurers (CALI) showed mental health claims now account for one in three claims paid and these claims ...

Final report into Life Code makes 85 recommendations

MATTHEW WAI  |  WEDNESDAY, 1 JUL 2026
... across aspects of mental health, customer vulnerability, claims handling, and sales practices. The review, initiated by the Council of Australian Life Insurers (CALI), commenced in October 2025, was spearheaded by former ASIC deputy chair Peter Kell. ...

Advice fee spike raises super concerns: SMC

VINNY VUCAGO  |  MONDAY, 29 JUN 2026
... being switched into higher cost products that could erode their retirement savings. New analysis from the Super Members Council (SMC) found advice fees deducted from super accounts increased sharply between 2023 and 2025, with five super platforms accounting ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... compensate members for investment failures on their platforms. A week before the consultation opened, Financial Services Council (FSC) put out a standard for its members to strengthen self-governance across superannuation platforms, including limiting ...