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Showing 671 - 680 of 737 results for "FSC"

Handle churn through dealer groups, don't target advisers

MELANIE TIMBRELL  |  THURSDAY, 5 JUL 2012
The Financial Services Council (FSC) should develop standards to force dealer groups and life companies to manage individual advisers churning business rather than punish the entire industry, reveals an opinion survey of independent advisers conducted ...

FSC elects deputy chairman

BEN COLLINS  |  WEDNESDAY, 27 JUN 2012
... brought his extensive financial services industry experience to bear in the formation of industry policy and leadership." The FSC Board also appointed Commonwealth Bank's group executive of wealth management, Annabel Spring as a director of the Financial ...

SuperStream levy unclear

MELANIE TIMBRELL  |  MONDAY, 4 JUN 2012
... Legislation Amendment Bill 2012 and Superannuation Supervisory Levy Imposition today, Andrew Bragg, senior policy manager at the FSC will call for more detail and transparency around the levy. In his opening address, Bragg wrote, "The cost that would ...

Churning needs to be tackled with underwriters

BEN COLLINS  |  TUESDAY, 29 MAY 2012
... industry, wouldn't be able to comprehend them." Trapnell said that a new policy put forward by the Financial Services Council (FSC) to defeat what Synchron believes is a non-existent culture of churning imposes blanket restrictions on all advisers, rather ...

FSC appoints Vanguard head to board

RACHEL DAVIS  |  WEDNESDAY, 23 MAY 2012
... former managing director of Goldman Sachs Asset Management, who both recently resigned from the Financial Services Council (FSC) Board. "Vanguard is a major player in the Australian funds management industry and John's experience in the US and Australia ...

Lifewise takes insurance to new social sphere

LINDA HAUSKEN  |  WEDNESDAY, 16 MAY 2012
... Lifewise social media website. In 2009, a group of key players in the industry got together under the Financial Services Council (FSC) to form Lifewise, a public initiative of the Australian life insurance industry aimed at raising awareness of the p ...

Super funds urged to disclose director and exec pay

BEN COLLINS  |  WEDNESDAY, 16 MAY 2012
... high price - in some cases, up to 5 times more for outsourcing arrangements." Recently launched Financial Services Council (FSC) disclosure guidelines, while welcome, fell well short of providing meaningful disclosure to consumers, said Reynolds. Under ...

Brogden calls for government agreement on FATCA

MELANIE TIMBRELL  |  TUESDAY, 15 MAY 2012
FSC chief John Brogden has called on the Gillard government to provide strong support for the wealth sector ahead of addressing an IRS hearing in Washington DC on the contentious FATCA regime. The Foreign Account Tax Compliance Act (FATCA) regime aims ...

Budget: Calls for SuperStream levy dialogue

BEN COLLINS  |  WEDNESDAY, 9 MAY 2012
... increased, so it should be the other way around. I'm talking APRA, ASIC and the ATO," said Vamos. The Financial Services Council (FSC) also recognises the need for increased transparency, but accepts the SuperStream levy is necessary to facilitate the ...

MySuper consultation draws focus on divisions

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
... increase legislated governance standards following the release of independent guidelines by both the Financial Services Council (FSC) and the Australian Institute of Superannuation Trustees (AIST). However, both associations have used the announcement ...