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FSC
Superannuation
The FSC is willing to have the book thrown at its members if they are ever found to have offered inducements to business clients to move to bank-owned default super funds...
Insurance
An additional layer of assistance to help consumers make a claim would add more confusion and would be seen as a way to discourage consumers from making a claim, a panel ...
Superannuation
The Productivity Commission may have argued against making it a political battle, but Industry Super Australia and the Financial Services Council have dug in on opposing ...
Insurance
Misalignment in what people are told financial services providers are going to do is the heart of where self-regulatory codes break down, according to a panel....
Expert Analysis
Much damage has been done to the financial services industry and the FSC's Blake Briggs writes that appropriate restoration is a task for the whole industry....
Insurance
A guidance note on group insurance data to improve consumer outcomes has been jointly released by life insurance and super bodies....
Superannuation
The Financial Services Council has warned super funds they may be breaching the sole purpose test if they seek to recover SG non-payments....
Superannuation
Advances in platforms will help increase SMSF members hold offshore assets instead of ETFs, according to UBS Asset Management....
Superannuation
The Financial Services Council has used an updated Chant West analysis to reinforce with the Productivity Commission the undesirability of a tender model for defaults....
Superannuation
The superannuation industry has united in telling a Senate Committee the bar needs to be lifted on the objective of superannuation....
Insurance
The Insurance in Superannuation Working Group is expected to release its first discussion paper within the next few months....
SMSF
There was a gap between what consumers believed was adequate income for retirement compared to what professionals believed, while income figures and drawdown rates also d...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...