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Showing 61 - 70 of 1061 results for %22Financial Services Council%22

FSC releases claims handling standard for super funds

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
The Financial Services Council (FSC) has released an enforceable standard for handling group life insurance claims in superannuation. The FSC's new standard replaces existing voluntary guidance and sets a minimum level of service that consumers can ...

Millions of retirees will benefit from QAR

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
... and leave $6 billion less in bequests annually by the year 2040. According to data released by the Financial Services Council (FSC), the QAR proposals will support consumers approaching or in retirement in three ways. Firstly, by increasing the provision ...

Investment teams 27% female: FSC

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
Women make up about 27% of investment teams, according to the Financial Services Council (FSC). That's a key finding from a survey of 20 of the FSC's fund manager members; it's an increase of 2% on last year. FSC chief executive Blake Briggs said the ...

CALI backed by industry

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
... Hannover Re, Integrity Life, MLC Life Insurance, NobleOak, QInsure, Resolution Life Australasia, Swiss Re, Zurich Financial Services, Challenger, General Reinsurance Life, HCF Life, MetLife Australia, Munich Re, Pacific Life Re, RGA Reinsurance, SCOR ...

FSC adds to Life Insurance Code of Practice

CHLOE WALKER  |  TUESDAY, 25 OCT 2022
Several new consumer protections will be added to the Financial Services Council (FSC)'s Life Insurance Code of Practice, including the industry's first guidelines on family and domestic violence, as well as new protections in the genetics moratorium. ...

QAR could see 12% increase in insured Aussies

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
According to research commissioned by the Financial Services Council (FSC), the introduction of a scalable advice model for life insurance would see more than a million Australians have the life insurance cover they need. Research by NMG Consulting ...

Piecemeal super taxes won't fix budget deficit: FSC

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
Financial Services Council (FSC) research shows that proposed increases to super taxes will not deliver a sustainable Federal Budget position. The FSC engaged DeltaPearl Partners to perform economic modelling of six possible measures adjusting the current ...

IFM Investors adds to board

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... consultative committee. During her executive career, Long was chief executive of Investa Property Group and also group financial controller for APN News & Media. In 2020, she was made a member of the Order of Australia for services to the financial sector ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
... 2234 Information Security. "The proposed changes will also allow for increased fraud detection in the broader financial services sector through existing industry mechanisms to report fraudulent transactions, such as fraud information exchanges," Treasury ...

Burgeoning challenges of the advice industry: Padua

ANDREW MCKEAN  |  THURSDAY, 22 SEP 2022
... one is time; it's taking way too long for us to produce advice documents," she remarked. According to Financial Services Council (FSC) survey data, the average Statement of Advice (SOA) takes around 20 hours to produce. But, broken down further, the ...