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Insurance
While consumers have had it good for the last few years with life insurance, the loss ratio to the industry is unsustainable but the industry needs to make sure it doesn’...
Insurance
Men are significantly claiming more accidents than women, and women have more mental health claims, according to data. ...
Institutional investment
Australia’s economic recovery can be helped by democratising investment in critical domestic infrastructure developments by making it more accessible for those with money...
Superannuation
Evidence given to a Parliamentary Committee has revealed just how much it costs to be a member of the major superannuation and financial services organisations....
Superannuation
The Financial Services Council has welcomed the new legislation but is disappointed the laws also create unnecessary tax compliance burden on Australia’s managed funds....
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...
Superannuation
The Financial Services Council has urged against the grandfathering of existing workplace agreements preventing employees from exercising choice of superannuation fund....
Superannuation
Super members should not rely on simplistic league tables that may be published as they do not tell the whole story on retirement outcomes, the Financial Services Council...
News
Mike Taylor writes that the objectives of the Australian Prudential Regulation Authority’s heatmaps are worthy but it is early days and they must be regarded as a work in...
Superannuation
The bill will allow Australians to choose the super fund their super entitlement is paid to, which under current laws one million workers are stripped of choice....
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 ...