financial services council

Superannuation

In a Senate submission, the Financial Services Council said super funds should be able to nudge members on engaging with their super and has cautioned against default pla...

Funds management

Removing barriers for superannuation funds to transition to modern investment products would result in members retiring with cumulatively $16 billion more by 2050, accord...

Superannuation

FSC chief executive, Blake Briggs, is calling for CGT relief to be extended to trustee-directed products to prevent members from being left in underperforming funds for t...

Superannuation

There is a governance risk regarding in-house management, according to FSC chief executive, Blake Briggs, as trustees may be reluctant to get rid of underperforming staff...

Expert Analysis

Insurance in superannuation has been through a tough period with multiple legislation changes affecting the product but the full impact remains to be seen....

SMSF

The SMSF Association have given its full support to the Financial Services Council’s ‘White Paper on Financial Advice’, saying it will help to deliver cost savings and pr...

Insurance

The council has proposed to prohibit terms in MySuper group life policies that could cause a claim to be declined in default group life insurance in superannuation on the...

Insurance

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

People and Products

Westpac head of government affairs for wealth, Blake Briggs will return to the Financial Services Council as deputy chief executive. ...

Superannuation

The Australian Securities and Investments Commission has confirmed it is working on the rules around the use of member reserves. ...

Insurance

The Financial Services Council is in favour of the proposed changes made by the Australian Prudential Regulation Authority regarding the insurance in superannuation frame...

News

Newly-elected NSW Liberal Party Senator, Andrew Bragg, has doubled-down on his criticism of the superannuation industry, accusing lobbyists of propagating myths....

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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. ...

5 months ago
Kevin Gorman

Super director remuneration ...

5 months 1 week 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 ...

5 months 1 week ago

The transition of services took effect last month....

5 hours 50 minutes ago

The newly created role, reporting to the COO, comes amid the fund’s redesign of its operating model....

6 hours 41 minutes ago

The merger, first announced in December 2022, was due to be completed in mid-2024....

7 hours ago