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Showing 61 - 70 of 837 results for "Financial Services Council"

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
Research commissioned by the Financial Services Council (FSC) reveals that within the next decade, nearly one-fifth of Australian households will become eligible to purchase wholesale products without retail consumer protections. Accordingly, the research ...

Penta Capital fined for fabricated FUM

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... to the corporate regulator. ASIC also rebuffed Penta Capital's claim that it was affiliated with the Financial Services Council, Australian Investment Council, and Property Council Australia and Australian Investment Council. ASIC said that Penta Capital ...

Women still underrepresented in asset management roles: FSC

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
While the average number of women in investment teams is slowly growing, the Financial Services Council (FSC) has found they still only account for 29%. The FSC surveyed 16 of its global and domestic fund manager members, with all participants apparently ...

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
... the potential adverse consequences of introducing these changes without indexation. Pertinently, the Financial Services Council (FSC) estimates that up to half a million young Australians could be impacted by the time they retire. CA ANZ Superannuation ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER  |  MONDAY, 20 NOV 2023
New research commissioned by the Financial Services Council (FSC) highlights the case for a mechanism to support broader "modernisation" of superannuation and managed investment schemes. The report suggests current legislative and tax settings are inconsistent ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... advice, they would prioritise implementing the recommendations of the Levy Review, in full," he said. Financial Services Council chief executive Blake Briggs said the first tranche of legislation is "modest" but contains an "important package of reforms ...

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
According to the Financial Services Council (FSC), Australia's funds management industry continues to see significant growth but is falling behind when it comes to attracting more capital from overseas investors under the new Corporate Collective ...

abrdn's Brett Jollie lands new gig

ELIZABETH FRY  |  MONDAY, 23 OCT 2023
... Investments - mostly in senior wealth, funds and business management roles. He also sat on the board of the Financial Services Council for six years. On departing abrdn in July, Jollie said he planned to garner a portfolio of super fund, asset manager ...

Peter Costello steps down from Future Fund

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
Peter Costello has informed the government he will not pursue a third term as the chair of the Future Fund. A formal, merit-based search is now underway for a new chair of the $250 billion sovereign wealth fund, with the government viewing future board ...

Super tax break changes open for consultation

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... a recent Financial Standard podcast that the proposed changes many pain points. An analysis by the Financial Services Council of Australian Taxation Office data found a significant portion of Australian taxpayers will breach the cap in their lifetime ...