FSC Statement on Superannuation Governance

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The Government has announced major reforms to improve governance standards in the superannuation industry requiring all superannuation trustee boards to have independent directors and an independent chair. This requirement will be... Read more continue reading

Statement by John Trowbridge on the Life Insurance Reform Package

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It is widely accepted that the life insurance industry is in need of transformational change to achieve improved alignment of the interests of insurers, advisers and consumers. There is a... Read more continue reading

Consensus reached on life insurance industry reforms

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According to the Financial Planning Association of Australia (FPA), today’s joint announcement with the Association of Financial Advisers (AFA) and the Financial Services Council (FSC) is a sensible landing spot... Read more continue reading

FSC Statement on retail life insurance announcement

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Assistant Treasurer the Hon Josh Frydenberg’s announcement today on the way forward for life insurance advice is a welcome approach that will provide certainty for consumers and clarity for the... Read more continue reading

Insurance outcome is challenging, but workable for most

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After a difficult series of negotiations, the Association of Financial Advisers (AFA) is generally supportive of the Life Insurance Framework (the Framework) released today and endorsed by Assistant Treasurer Josh... Read more continue reading

Record roadshow attendance as planners seek support on best interest and retirement planning

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According to the Financial Planning Association of Australia (FPA), the record attendance at its recent National Roadshow is a clear indication that advisers want support as they navigate the industry’s... Read more continue reading

What does it take to be a winner?

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The AFA Adviser of the Year supported by Zurich With nominations for this year’s Association of Financial Adviser (AFA) Adviser of the Year Award (the Award) now open, 2014 winner... Read more continue reading

SMSF Association tax option to underpin equity, sustainability

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Andrea Slattery The SMSF Association wants the tax regimes for superannuation contributions and earnings to remain unchanged, but is prepared to consider a “generous” tax-free threshold for retirement benefits, with... Read more continue reading

Investment Manager Regime legislation is significant for financial services trade

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The Investment Manager Regime (IMR) legislation, passed through Parliament this week, will remove uncertainties for foreign investors on how Australia’s tax laws apply to foreign funds. Financial Services Council (FSC) CEO,... Read more continue reading

2015 AICLA-ANZIIF Claims Convention reflects growing complexity of claims business

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Terrorism, digital trends and fraud lead the list of industry topics to be addressed at the AICLA-ANZIIF Claims Convention, as the claims sector confronts a rapidly changing business environment. Following... Read more continue reading