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Showing 771 - 780 of 841 results for "Financial Services Council"

Default super inquiry receives positive response

CLAIRE MCGREAL  |  MONDAY, 23 JAN 2012
... any 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 ...

MySuper regulations fundamentally flawed

MELANIE TIMBRELL  |  TUESDAY, 17 JAN 2012
... crossover in the legislation. The submission refers to research conducted by Rice Warner on behalf of the Financial Services Council, which found some Corporate Master Trust fees were 0.79% of assets in the year to 30 June 2008 compared with 1.07% for ...

Govt releases final issue of investment manager regime

ELISE BURGESS  |  FRIDAY, 16 DEC 2011
... Report, 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 ...

Industry responds to intra fund advice measures

CLAIRE MCGREAL  |  FRIDAY, 9 DEC 2011
... scaled 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 ...

Industry hits out at Best Interest

CLAIRE MCGREAL  |  FRIDAY, 25 NOV 2011
The Financial Services Council has slammed the government's Best Interest Duty proposal as being "unworkable", warning that in its current form, would give rise to "significant unintended consequences". The contentious proposal, which was tabled in ...

Vanguard founder joins MLC board

CLAIRE MCGREAL  |  FRIDAY, 25 NOV 2011
... Ltd Board, Vanguard Investments Singapore Pte Ltd Board, and was deputy chairman of the Board of the Financial Services Council (FSC). Other MLC board members include Steve Tucker, John Moule, Ian Crow, Andrew Rothery, Gary Symonds, Melinda Snowden ...

Abbott: Coalition will not vote for SG but won't rescind it

RACHEL DAVIS  |  FRIDAY, 18 NOV 2011
... clear on the proposed rise in the superannuation guarantee to 12%. Abbott confirmed this morning at a Financial Services Council (FSC) breakfast in Sydney, that while his party will not vote in support of the legislation, they will not repeal it if they ...

Fidelity, UBS GAM directors join FSC

ELISE BURGESS  |  WEDNESDAY, 26 OCT 2011
... Management in Australia and New Zealand, have joined the FSC board of directors. Announced yesterday at the Financial Services Council (FSC) annual general meeting, Doherty and Heap will replace departing directors Michael Bargholz, former chief executive ...

Asia Pacific $23.5bn local investment

ELISE BURGESS  |  TUESDAY, 18 OCT 2011
... investing some $23.5 billion of locally managed funds at June 30 last year. According to research by the Financial Services Council (FSC) and Plan For Life, $32.1 billion was being managed by Australian-based fund managers for overseas investors, with ...

Soft dollar ban impact potential

ELISE BURGESS  |  THURSDAY, 29 SEP 2011
... support the banning on soft dollar benefits which further supports our existing joint venture with the Financial Services Council (FSC) - setting an industry benchmark on how alternative forms of remuneration paid by third parties are managed and dis ...