FSC

People and Products

Jan McClelland has been jointly appointed to chair the Life Code Compliance Committee by the Financial Services Council and the Australian Financial Complaints Authority....

Superannuation

The Government is arguing that the manner in which the Government has moved to include administration fees within the super fund performance test will strengthen the regi...

Superannuation

Some of the worst-performing super products have been carved out of the performance test putting consumers at risk of being stapled to a dud fund, according to the Austra...

Insurance

The life insurance industry needs to go through a genuine transformation around customer and digital transformation, according to a panel....

Insurance

Stapling will be the biggest challenge to the group insurance model as super funds need to attract new members, according to a panel....

Superannuation

Superannuation industry associations may be facing significant consolidation as the Government’s new legislation forces to superannuation funds to justify spending member...

Superannuation

The Your Future, Your Super legislation should save consumers up to $1.8 billion in fees, according to the Financial Services Council....

Superannuation

The Government’s Retirement Income Review has been welcomed but the industry has differing views on the superannuation guarantee increase and accessing home equity to fun...

Superannuation

There has not been a material shift in investment strategies nor has there been a shift to wholesale indices as a result of the superannuation heatmaps, according to the ...

Superannuation

Australia’s superannuation system means the country has an advantage over other countries when it comes to helping its citizens prepare for retirement, according to Larry...

Superannuation

The COVID-19 hardship early release of superannuation scheme will not be extended for a second time, according to the Assistant Minister for Superannuation, Financial Ser...

Superannuation

The Financial Services Council has declared its opposition to people using their superannuation for a first home deposit declaring the argument does not stack up and woul...

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 4 months ago
Kevin Gorman

Super director remuneration ...

1 year 4 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 4 months ago

A major super fund has defended its use of private markets in a submission to ASIC, asserting that appropriate governance and information-sharing practices are present in...

5 hours ago

A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets....

1 day 1 hour ago

While the latest quarterly CPI print exceeded expectations, most economists still anticipate a rate cut, especially amid growing downside risks to global growth stemming ...

1 day 1 hour ago