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Showing 1 - 10 of 698 results for "FSC"

Treasury reappoints 24 members to FSCP

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
The Albanese government has reappointed 24 members to the Financial Services and Credit Panel (FSCP) for a three-year period beginning 1 January 2025. The candidates bring with them a range of knowledge and experience across the fields of business ...

Adviser suspended over wrongful use of ROAs

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024
A Matrix Planning Solutions adviser is suspended from providing advice for the next three months after failing to supply Statements of Advice (SOAs) where required. Ian Reid, the principal adviser at Temora's A&B Financial Planning, was suspended for ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... impact on the group's ability to manage client capital." The charge forms part of the Korean Financial Services Commission (FSC) cracking down on short-selling practices following a market-wide review, with indictments being issued against global ...

Wholesale investor test changes on ice: Parliamentary committee

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
... per annum for the last two years as verified by a professional accountant's certificate. The Financial Services Council (FSC) proposes changing the net asset threshold to $5 million, including the family home. It also recommends a two-year transition ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... sector has $366.2 billion in 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 ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... trustees to account for delivering the best financial outcomes for members". In its submission, the Financial Services Council (FSC) wrote that while the test has promoted market consolidation, reduced fees, and ultimately delivered better outcomes for ...

EQT wins RE mandate from Woodbridge

KARREN VERGARA  |  MONDAY, 12 AUG 2024
Equity Trustees (EQT) has taken over as Responsible Entity (RE) for the Woodbridge Private Credit Fund. EQT Responsible Entity Services replaced AGP Investment Management from August 1. The Woodbridge Private Credit Fund aims to provide a return of ...

Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... superannuation, putting advised clients with complex needs at a disadvantage, according to the Financial Services Council (FSC). A new report by the FSC and NMG Consulting is calling for Choice products to have "wider guardrails given the high level ...

New shadow assistant treasurer's vision for advice, super

ANDREW MCKEAN  |  WEDNESDAY, 31 JUL 2024
... (QAR) recommendations and wouldn't go back to the drawing board, at an event hosted by the Financial Services Council (FSC) this morning. Discussing the Liberal Party's plans for the financial services industry should it form government at the ...

Canned 'golden visas' ruffles fund managers

KARREN VERGARA  |  THURSDAY, 18 JUL 2024
... potential companies, innovation, entrepreneurship, employment, and economic growth," he said. The Financial Services Council (FSC) estimates SIVs attracted $15 billion from investors, mainly from China. Some $2.7 billion of this is in venture capital ...
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