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Showing 1 - 10 of 73 results for "Blake Briggs"

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... seven largest wrap platforms by market share. In response to the latest observations by ASIC, FSC chief executive Blake Briggs said: "ASIC's report reinforces the importance of strong governance and aligns with the direction the platform sector is ...

FSC links active super choices to stronger retirement outcomes

VINNY VUCAGO  |  FRIDAY, 26 JUN 2026
... underexposed to growth investments, potentially reducing retirement balances by around $540,000. FSC chief executive Blake Briggs said greater engagement with superannuation at key life stages could materially improve long-term financial outcomes. "People ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... and new complexity for small businesses and family enterprises." Financial Services Council (FSC) chief executive Blake Briggs is concerned about the proposed CGT changes applying to all asset classes rather than being targeted at the housing market. ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... until last year, 108 of the 123 products that failed the test have been extinguished. Financial Services Council Blake Briggs said: "A CPI + X benchmark for a limited portion of portfolios would provide funds with greater flexibility to invest in alternative ...

FSC ups expectations on platform trustees' governance

JAMIE WILLIAMSON  |  THURSDAY, 16 APR 2026
... superannuation platforms as a vehicle for retirement savings," the FSC said. In releasing the standard, FSC chief executive Blake Briggs said the industry is responding to calls for a concerted effort in achieving governance uplift, with the industry ...

Digital advice spurring demand for full personal advice: Report

KARREN VERGARA  |  WEDNESDAY, 15 APR 2026
... three times more likely to seek financial advice in the next 12 months compared to non-users. FSC chief executive Blake Briggs said digital advice is complementing traditional advice by meeting Australians where they are - providing simple, accessible ...

FSC questions SMC's claim on younger members' super switches

RIDDHIMA TALWANI  |  MONDAY, 23 MAR 2026
... over three times higher than the $16,200 average of their peers in all APRA-regulated accounts. FSC chief executive Blake Briggs said: "Superannuation platforms provide Australians with greater control over their retirement savings and are often used ...

Treasury proposes advice education standard reforms

KARREN VERGARA  |  TUESDAY, 17 MAR 2026
... on its suggested reforms and taking submissions until April 17. Financial Services Council (FSC) chief executive Blake Briggs commented the proposed reforms would create a more flexible pathway into the profession while maintaining strong professional ...

SMSFs avoid advisers due to lack of asset-specific support

MATTHEW WAI  |  FRIDAY, 20 FEB 2026
... "exceptional" returns to accommodate the cost of running an SMSF. Further, Financial Services Council (FSC) chief executive Blake Briggs said that, despite low engagement, the lack of regulatory oversight of the asset class can result in outcomes like ...

Most read in 2025: Financial advice

STAFF WRITER  |  FRIDAY, 19 DEC 2025
... swung too far: FSC At an event to mark the beginning of a new year, Financial Services Council (FSC) chief executive Blake Briggs said the regulatory pendulum for the superannuation, funds management, and financial advice sectors swung too far over the ...
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