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Showing 681 - 690 of 737 results for "FSC"

Member interests and employer choice paramount

ELISE BURGESS  |  TUESDAY, 10 APR 2012
Member interests and not the interests of competing funds is paramount for default super, said FSC and the AIST in their parliamentary submissions. The Australian Institute of Superannuation Trustees (AIST) and the Financial Services Council (FSC) have ...

Report questions infra investment

MELANIE TIMBRELL  |  TUESDAY, 10 APR 2012
... Funds Management speaking at the same event. A 2011 report from Ernst & Young commissioned by the Financial Services Council (FSC) drew the distinction between infrastructure funding (from tax revenue or direct user charges) and project financing. The ...

FSC: Government drops opt-in requirement

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
... government of "walking away" from the "centrepiece" of the FOFA reforms by dropping the opt-in requirement for advisers. The FSC said it was responding to FOFA amendments tabled in parliament today, maintaining that the Bill "failed to provide certainty ...

ASFA, FSC applaud passing of SG rise

CLAIRE MCGREAL  |  TUESDAY, 20 MAR 2012
... the rise in the SG rate to 12% would lead to a 0.33 per cent increase in (real) GDP by 2025. The Financial Services Council (FSC) also welcomed the outcome, saying the higher rate of savings would reduce Australia's reliance on international investment ...

FSC urges Senate to vote for SG rise

CLAIRE MCGREAL  |  MONDAY, 19 MAR 2012
... benefit to the tune of $184bn as a result. New research carried out by Rice Warner Actuaries for the Financial Services Council (FSC) claims raising the super guarantee from 9 to 12 % as proposed by the government, would cause the retirement savings ...

Mandatory FOFA start date confirmed for July 2013

CLAIRE MCGREAL  |  THURSDAY, 15 MAR 2012
... the implementation of good policy, will continue," said Richard Klipin, chief executive AFA. The Financial Services Council (FSC) said the 12-month transition to FOFA recognised the "significant investment and training" required by the industry to implement ...

Disclosure requirements under industry scrutiny

ELISE BURGESS  |  MONDAY, 12 MAR 2012
... aspects of the Financial Services Council's new policy requirements on corporate governance. The Financial Services Council (FSC) released its Superannuation Corporate Governance Policy last week, which will apply to all relevant FSC members. It includes ...

Trustee Corporations Association members join FSC

RACHEL DAVIS  |  FRIDAY, 9 MAR 2012
... Council. Eight private trustee companies and eight Public Trustees will become full members of the Financial Services Council (FSC). John Atkin, National President of the Trustee Corporations Association of Australia (TCAA) and CEO of The Trust Company ...

FSC makes move on fund governance

ELISE BURGESS  |  WEDNESDAY, 7 MAR 2012
Some of the super industry's biggest players will have new transparency and governance policies to work under after the FSC released its new mandatory policy requirements. The Financial Services Council (FSC) said that there had been a lot of attention ...

CIOs see no let up in European debt crisis

CLAIRE MCGREAL  |  TUESDAY, 6 MAR 2012
... to returns over the next 12 months. The survey of chief investment officers represented by the Financial Services Council (FSC), including ANZ Wealth, Perpetual, BlackRock, UBS, BT, Schroders, Alliance Bernstein and Colonial First State, found sentiment ...