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Showing 691 - 700 of 737 results for "FSC"

FOFA discontent rumbles on after PJC findings

CLAIRE MCGREAL  |  THURSDAY, 1 MAR 2012
... concerned groups, contained 15 recommendations, including an unchanged start date for this year. The Financial Services Council (FSC) slammed the Parliamentary Joint Committee (PJC) findings, maintaining the legislation would make financial advice costly ...

Super accounts on path for consolidation: Shorten

CLAIRE MCGREAL  |  WEDNESDAY, 22 FEB 2012
... Financial Services Minister Bill Shorten. The Minister was in Melbourne this morning to launch a new Financial Services Council (FSC) and DST Global Solutions survey of over 7.2 million retail and corporate super accounts. The research looked at one ...

Pricing competition risks net returns from MySuper: FSC

MELANIE TIMBRELL  |  THURSDAY, 16 FEB 2012
... risks an inadequate focus on returns, according to Financial Services Council chief executive, John Brogden. Speaking at a FSC Deloitte Leadership Series lunch yesterday, Brogden said retail and new players to the market would challenge ownership of ...

SuperStream exposure draft a positive step

ELISE BURGESS  |  MONDAY, 13 FEB 2012
... they will be able to consolidate accounts more efficiently." John Brogden, chief executive of the Financial Services Council (FSC) told Financial Standard that the draft was well received by the industry. "These reforms are long overdue. Standards will ...

APRA MySuper changes burden for industry

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
... statutory obligations, it should have discretion to issue a tailored MySuper product in relation to a large employer." The FSC submission holds the draft policy announced in November 2011 is inconsistent with the Stronger Super Information Pack, issued ...

FSC chief made chair of Landcom

CLAIRE MCGREAL  |  MONDAY, 30 JAN 2012
... currently in the process of resigning from the board of the Sydney Ports Corporation to dedicate more time to his new role. The FSC chief, a former Shadow Planning Minister, was first approached by NSW Premier Barry O'Farrell about the position late ...

Super tax concessions in spotlight

MELANIE TIMBRELL  |  MONDAY, 30 JAN 2012
... steady income stream, such as annuities should be made more attractive through tax concessions, according to ASFA and the FSC. "There is no doubt policy around retirement in Australia should encourage people to take an income stream," Vamos said. "At ...

Default super inquiry receives positive response

CLAIRE MCGREAL  |  MONDAY, 23 JAN 2012
... eligible My Super product to compete freely in the default superannuation market," he added. The Financial Services Council (FSC) welcomed the inquiry, saying lower and average paid workers would benefit the most from increased competition. "Currently ...

Govt releases final issue of investment manager regime

ELISE BURGESS  |  FRIDAY, 16 DEC 2011
... the move had been welcomed by industry associations. Martin Codina, director of policy at the Financial Services Council (FSC), commended the regime as a major step towards Australia becoming a more significant international financial centre "It is difficult ...

Industry responds to intra fund advice measures

CLAIRE MCGREAL  |  FRIDAY, 9 DEC 2011
... advice can be provided in accordance with the regulatory protections in the Corporations Act. The Financial Services Council (FSC) has slammed the changes, saying they would lead to intra-fund advice in super being excluded from opt-in and full transparency. ...