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Showing 751 - 760 of 841 results for "Financial Services Council"

Report questions infra investment

MELANIE TIMBRELL  |  TUESDAY, 10 APR 2012
... Industry 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. ...

FSC: Government drops opt-in requirement

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
The Financial Services Council has accused the 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 ...

Former Count boss made SPAA director

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
... the imminent accountant licensing requirements," said Gale. Gale was also previously a member of the Financial Services Council Advice Board Committee, and was chair of the Accountant Financial Adviser Coalition. "Andrew's highly regarded expertise and ...

PJC releases MySuper report

CLAIRE MCGREAL  |  WEDNESDAY, 21 MAR 2012
... would only be required to check at specified points in time," said the PJC, adding that this was also a Financial Services Council recommendation. After receiving 18 submissions from industry on the Bill and holding a public hearing at the start of the ...

ASFA, FSC applaud passing of SG rise

CLAIRE MCGREAL  |  TUESDAY, 20 MAR 2012
... claimed 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 ...

ASIC calls for detailed disclosure on holdings of super funds

MELANIE TIMBRELL  |  TUESDAY, 20 MAR 2012
... informed decision. While Medcraft acknowledged the efforts of industry bodies such as ASFA and the Financial Services Council working together to progress the issue of underlying portfolio disclosure, he said lack of member engagement should not be used ...

FSC urges Senate to vote for SG rise

CLAIRE MCGREAL  |  MONDAY, 19 MAR 2012
The Financial Services Council is urging Senators to pass legislation to increase the superannuation guarantee, tabled for today, saying Australians would benefit to the tune of $184bn as a result. New research carried out by Rice Warner Actuaries for ...

Mandatory FOFA start date confirmed for July 2013

CLAIRE MCGREAL  |  THURSDAY, 15 MAR 2012
... for 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 ...

Xenophon targets super funds for greater transparency

MELANIE TIMBRELL  |  WEDNESDAY, 14 MAR 2012
... announcement comes after a week of debate on standards of superannuation governance released by the Financial Services Council ahead of APRA's new prudential standards for superannuation funds. Senator Xenophon's draft legislation is expected within ...

Disclosure requirements under industry scrutiny

ELISE BURGESS  |  MONDAY, 12 MAR 2012
The Australian Institute of Superannuation Trustees has queried aspects of the Financial Services Council's new policy requirements on corporate governance. The Financial Services Council (FSC) released its Superannuation Corporate Governance Policy ...