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Showing 51 - 60 of 1476 results for %22Council of Financial%22

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... its highly regulated framework will place trustees in good stead to make advice more accessible. At a Financial Services Council breakfast this morning, Jones clarified that superannuation funds will be able to offer advice at every stage of a member's ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... candidate ready to go." Bullock will be responsible for chairing the Reserve Bank Board, the Payments System Board and the Council of Financial Regulators. She will also be responsible for the management of the Bank under the Reserve Bank Act 1959. The ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... difficult," Salis wrote. "The superannuation industry does not escape this change. A 2017 study by the Financial Services Council also found that even though 70% of Millennials had a superannuation account, they are uninterested and unengaged with it." ...

IFM Investors names chair

CHLOE WALKER  |  MONDAY, 26 JUN 2023
... over 20 years of experience across the industry superannuation sector, having previously held roles such as Australian Council of Trade Unions senior industrial officer and Australian Government Employees Superannuation Trust (AGEST) chief executive. ...

Advisers embrace less back-office burden

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... must be clearly outlined in the SoA, has also been embraced by advisers. Estimates by KPMG and the Financial Services Council in 2021 calculated the advice process to cost $5334.64. By removing the Safe Harbour Steps, this will reduce the cost of financial ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... members." Members should consult a financial adviser before acting on performance test notifications, the Financial Services Council chief executive Blake Briggs said. Briggs believes the government's pursuit of "rough justice for underperforming ...

Challenger lowers stake in Elanor

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... initial stake announced in April of 18%. This is because both parties this morning announced that the Abu Dhabi Investment Council has stepped in to secure a 3% stake in the transaction. Challenger will transfer 4.5 million out of the 24.8 million shares ...

Greg Combet steps down as IFM Investors, ISA chair

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
... executive Anthea Harris, Infrastructure WA chair Nicole Lockwood, Rio Tinto chief executive Kellie Parker, Australian Council of Trade Unions president Michele O'Neil, UTS pro-vice chancellor Robynne Quiggin, ClimateWorks chief executive Anna Skarbek ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... meaningfully improve access to advice, without watering down important consumer protections," he said. The Financial Services Council (FSC) thinks Jones is making the right move to prioritise fixing the broken state of financial advice under Stream One ...

FSC updates TMD template for fund managers

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
The Financial Services Council (FSC) released an updated template Target Market Determination (TMD) to promote regulatory best practice in the funds management industry. This follows ASIC's recent regulatory action against Spaceship and Mitrade Global ...