Removing barriers for superannuation funds to transition to modern investment products would result in members retiring with cumulatively $16 billion more by 2050, accord...
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...
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...
Insurance in superannuation has been through a tough period with multiple legislation changes affecting the product but the full impact remains to be seen....
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...
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...
Stapling will be the biggest challenge to the group insurance model as super funds need to attract new members, according to a panel....
Westpac head of government affairs for wealth, Blake Briggs will return to the Financial Services Council as deputy chief executive. ...
The Australian Securities and Investments Commission has confirmed it is working on the rules around the use of member reserves. ...
The Financial Services Council is in favour of the proposed changes made by the Australian Prudential Regulation Authority regarding the insurance in superannuation frame...
Newly-elected NSW Liberal Party Senator, Andrew Bragg, has doubled-down on his criticism of the superannuation industry, accusing lobbyists of propagating myths....
The Financial Services Council has appointed BT’s Kathy Vincent, to its board, with her background in product, portfolio strategy, and marketing contributing to her selec...
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 ...