Search ResultsShowing 1 - 10 of 100+ results for "FSC"
Australia to lean on super
HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... which also includes another reduction to social security deeming rates to reflect the 25bps cut of the RBA last week - with FSC chief executive Sally Loane commenting the council was committed to working with all stakeholders to understand the potential ...
Life insurers are doing their best: FSC
ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... code from law firm Maurice Blackburn. "The report is silent on the positive changes made by the life insurance sector," the FSC said in a statement. It noted that the LCCC's criticisms in the report relate only to the timing of decisions, not the outcomes. ...
FSC calls for CSLR claims cap
ALLY SELBY  |  FRIDAY, 14 FEB 2020
The Financial Services Council (FSC) has called for the government to cap compensation claims over financial misconduct at "reasonable levels" so as not to create a "moral hazard". In a submission to the Treasury's Compensation Scheme of Last Resort ...
FSC sheds light on cancer impact
HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
... claims. Hodgkin's disease causes the least amount of claims at 0.77 per 100,000, marginally below stomach cancer at 0.82. FSC chief executive Sally Loane said the FSC was releasing the data in an effort to educate Australian's about the "sheer volume ...
Regulators should face consequences for non-compliance: FSC
HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... one another. In a submission to Treasury on exposure draft legislation for the Financial Regulator Reform (No.2) bill, the FSC said it generally supported the bill in its intention to compel ASIC and APRA to cooperate with one another in overseeing the ...
Your Super, Your Choice debate heats up
ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... Institute of Superannuation Trustees aired some grievances about the planned Your Superannuation, Your Choice legislation. FSC chief executive Sally Loane said while the FSC broadly supports the new legislation it submits that the bill should be amended ...
SGE extension could hurt small entities: FSC
HARRISON WORLEY  |  THURSDAY, 16 JAN 2020
... relevant entities. In its submission to the government's consultation on exposure draft legislation extending the SGE, the FSC draws on previous public submissions made by Deloitte and the Australian Investment Council (formerly AVCAL), noting in particular ...
FSC, super sector steps up for bushfire affected
HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
... event they cannot find or remember their policy details in the aftermath of the disaster. Speaking with Financial Standard, FSC life insurance senior policy manager Nick Kirwan revealed the Council had fielded inquiries this week from people who need ...
Super fund PDSs to include single cost of product figure
HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... this year. Responding this afternoon, the Financial Services Council said it welcomed several of the changes to RG97, with FSC chief executive Sally Loane describing ASIC's update as a "positive step forward for Australians". However, Loane said ...
FSC hails super choice amendments
HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... own superannuation fund have been hailed by the Financial Services Council as a positive step forward for default super. FSC chief executive Sally Loane welcomed yesterday's introduction of the Treasury Laws Amendment (Your Superannuation, Your Choice) ...
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