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Showing 741 - 750 of 841 results for "Financial Services Council"

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
... chairman and managing director of Vanguard Investments Australia has been elected as a director of the Financial Services Council to fill a casual vacancy. James replaces Brian Bissaker, former chief executive of Colonial First State Investments and ...

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
... pay a 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. ...

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 ...

ASIC flags guidance on code approval

MELANIE TIMBRELL  |  WEDNESDAY, 2 MAY 2012
... that 'obviates the need' for opt-in. Speaking yesterday at a joint Association of Financial Advisers / Financial Services Council event, ASIC commissioner Peter Kell said the guidance would address a number of issues, including the requirement to do ...

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 ...

Trustee reforms risk being neutered

ALEX DUNNIN  |  THURSDAY, 26 APR 2012
... trustee company it will not pay the directors of the trustee company. This distinction is what the Financial Services Council was referring to when in their March 2012 statement of their new trustee governance guidelines they said "Remuneration is relevant ...

Industry rejects changes to super tax

MELANIE TIMBRELL  |  MONDAY, 23 APR 2012
... long term costs for future budgets and future generations," said John Brogden, chief executive of the Financial Services Council. "Retirees have had their super affected during the difficult market conditions, which the Government shouldn't exacerbate," ...

Member interests and employer choice paramount

ELISE BURGESS  |  TUESDAY, 10 APR 2012
... their parliamentary submissions. The Australian Institute of Superannuation Trustees (AIST) and the Financial Services Council (FSC) have both supplied submissions to the current enquiry of the selection and ongoing assessment of default superannuation ...