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Showing 1 - 10 of 48 results for "Blake Briggs"

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... assets under management (AUM) held by 3.9 million member accounts. Financial Services Council (FSC) chief executive Blake Briggs also said that platform investment options included in the test are misclassified as trustee directed when the trustee has ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... arrangements in mind, and then awkwardly applied to investment platforms and Choice investment options," FSC chief executive Blake Briggs said. "Performance testing for different types of superannuation products should be sensitive to the role financial ...

Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... PDS disclosure and a product's Target Market Determination without assessing the trustee. FSC chief executive Blake Briggs said the current one-size-fits-all approach to superannuation regulation prioritises simple, default arrangements, adversely ...

Canned 'golden visas' ruffles fund managers

KARREN VERGARA  |  THURSDAY, 18 JUL 2024
... billion of this is in venture capital and emerging companies. Commenting on the cancellation, FSC chief executive Blake Briggs said SIVs have been "effective in attracting a small number of highly sought, globally successful investors to Australia, while ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... for the five million Australians at or approaching retirement," he said. Financial Services Council chief executive Blake Briggs said the government's amendments will provide superannuation trustees greater legal certainty when deducting advice fees ...

FSC releases new standard on scam mitigation

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... industry recognises it needs to be ahead of the curve when it comes to dealing with criminals," FSC chief executive Blake Briggs said. "The superannuation industry is responsible for over $3.5 trillion in retirement savings for Australians and FSC members ...

FSC launches digital advice group

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... FSC's policy development to support the passage of financial advice reforms through Parliament. FSC chief executive Blake Briggs said: "Digital advice offers new and exciting ways for consumers to access high quality, affordable financial advice. ...

FSC expands financial advice membership

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... model of engagement will see the licensees contribute to the FSC's policy development processes. FSC chief executive Blake Briggs said the initiative comes at a critical time in the financial advice reform debate. "The financial services industry is ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... than women when it comes to managing their retirement money - 39% compared to 37% respectively. FSC chief executive Blake Briggs said there is significant risk for the government if it tries to convince Australians that politicians know best in determining ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... products in capital markets, and the need to maintain consumer protections in financial advice," FSC chief executive Blake Briggs said.
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