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....
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...
The Financial Services Council has urged against the grandfathering of existing workplace agreements preventing employees from exercising choice of superannuation fund....
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...
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...
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....
Financial Services Council chief executive Sally Loane has called on policymakers to implement a ‘default once’ system to help superannuation members maintain a single ac...
Industry superannuation funds have reinforced the fact that lifting the Superannuation Guarantee to 12% has already been legislated amid suggestions that the Government’s...
Industry experts have reacted positively to the Treasury’s announcement of the Review of the Retirement Income System, the first review of the superannuation industry in ...
Insurance firms should be prevented from pressuring people to buy products over the phone, according to the Financial Services Council. ...
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 ...