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Showing 651 - 660 of 737 results for "FSC"

Government should act fast on Johnson Report: FSC

BEN COLLINS  |  MONDAY, 29 OCT 2012
If the Federal Government is serious about exporting financial services to Asia, it must implement all the recommendations in the Johnson Report by 2013, said the Financial Services Council. "The Johnson Report is a practical plan that will open up ...

APRA requirements welcomed by sector

BEN COLLINS  |  THURSDAY, 20 SEP 2012
... their super funds, and replaces current standards that are "inadequate" and "misleading," said Financial Services Council (FSC) chief executive officer John Brogden. "Presently, the data compares whole of fund data, rather than investment options. People ...

ISN blasts FSC's independence policy

BEN COLLINS  |  WEDNESDAY, 12 SEP 2012
... majority of directors on superannuation trustee boards must be independent. The draft policy, which will become mandatory for FSC members after 1 July 2014, provided a definition of independence, requiring that directors not be substantial shareholders ...

Joyce Phillips appointed to FSC board

BEN COLLINS  |  FRIDAY, 7 SEP 2012
Joyce Phillips, CEO, global wealth & private, ANZ, has been appointed as a director of the Financial Services Council (FSC) at a board meeting on 23 August 2012. Phillip's election means the FSC's board is now at full complement with 14 directors. "Joyce ...

Plug the $1 trillion savings shortfall: FSC

BEN COLLINS  |  TUESDAY, 4 SEP 2012
New research has prompted the Financial Services Council (FSC) to call for longer working lives, to plug a massive retirement savings hole caused by people outliving life expectancies. Australians who live longer than current life expectancy will face ...

J.P. Morgan launches risk measure tool

BEN COLLINS  |  THURSDAY, 30 AUG 2012
... Portfolio Analytics Lab (OPAL) is targeted at funds that need to comply with the guidance from the Financial Services Council (FSC) and Association of Superannuation Funds of Australia (ASFA) on the disclosure of investment risk in the new SPDS regime ...

Remove insurance from super: Cassidy

MELANIE TIMBRELL  |  WEDNESDAY, 29 AUG 2012
... one of the most underinsured nations in the developed world, with 95% of the population inadequately covered, according to FSC affiliate Lifewise. A recent study from Macquarie Life which surveyed 1000 Australians showed that of those who do not have ...

FSC, ASFA endorse APRA's risk measure stance

MELANIE TIMBRELL  |  WEDNESDAY, 29 AUG 2012
... to more easily compare investment options both within their fund and across different funds. The guidance, released by the FSC and ASFA in August last year outlined seven risk bands, ranging from 'very low' to 'very high', and set out what these terms ...

FSC super governance policy forces independence

BEN COLLINS  |  MONDAY, 27 AUG 2012
... trustee boards must be independent, under draft superannuation governance policy released by the Financial Services Council (FSC) this morning. An independent director must also chair the trustee board, and board decisions can only be made if there is ...

Shorten reins in employer involvement in default super

MELANIE TIMBRELL  |  THURSDAY, 23 AUG 2012
... no intention of even considering the recommendations, because the government has already made up its mind," Cormann said. FSC chief John Brogden last night said the commission was standing by the view that all MySuper products should be eligible for ...