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Showing 71 - 80 of 1476 results for %22Council of Financial%22

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... retirees and improve retirement income by up to 20%. This is one of three recommendations presented by the Financial Services Council and NMG Consulting in their newly released report, A roadmap for Australian retirement income policy. The research argues ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... consumer interests by targeting poor performing super funds. Responding to yesterday's release, Financial Services Council (FSC) commended the government for listening to feedback from the investment and superannuation sectors by including ten new ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... by the potential consequences of an unindexed cap. As previously reported by Financial Standard, a Financial Services Council analysis of ATO data revealed that if the government's $3 million super cap isn't indexed, around 500,000 individuals ...

February exam records 67% pass rate

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... candidates who sat the February exam, 128 passed. Sixty percent of them sat it for the first time. In aggregate, the Australian Council for Educational Research (ACER), which administers the exam, counted 20,425 individuals sat the exam. Some 93% or ...

Professionalise sustainability within funds: Panel

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... Conference of Major Superannuation Funds, UTS Institute for Sustainable Futures research director Gordon Noble, Climate Council of Australia independent economist, climate councillor Nicki Hutley and ReThink Sustainability executive director Rob Gell ...

CALI hires policy director from FPA

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
The Council of Australian Life Insurers has welcomed the former policy head of the Financial Planning Association of Australia to its leadership ranks. Ben Marshan will join CALI on March 27 as director of policy and industry affairs, following an announcement ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... occur mid-year, with findings to be published in early 2024. Responding to Jones' announcement, Financial Services Council chief executive Blake Briggs said it is "an opportunity to demonstrate the sector is consumer-focused and well-regulated, whilst ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... deed of company arrangement that would see them receiving as little as 3.1 cents on the dollar. The Financial Services Council (FSC) welcomed the introduction of the CSLR and FAR legislation into Parliament as a positive step towards the implementation ...

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
... On the subject of climate-related disclosure standards, Longo noted that ASIC is working with Treasury and peers on the Council of Financial Regulators as well as contributing to the ISSB standards through their role in IOSCO. "ASIC has for many years ...

Unindexed cap forecast to impact 500k people

CASSANDRA BALDINI  |  FRIDAY, 3 MAR 2023
... impact around 500,000 individuals who are currently saving for retirement or have already retired. Financial Services Council (FSC) analysis of ATO data found a significant portion of Australian taxpayers will breach the cap in their lifetime and face ...