FSC and ISN announce united stance on the future of superannuation

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In an unprecedented move for retail and industry superannuation, the Financial Services Council (FSC) and Industry Super Network (ISN) have today announced that they will work together on the critical... Read more continue reading

Speech to FSC Annaul conference: The future of financial regulation

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The following is a speech by Greg Medcraft, Chairman, Australian Securities and Investments Commission delivered at the Financial Services Council (FSC) Annual Conference, 31 July 2013: “Thank you Martin (Codina) for the kind... Read more continue reading

Call for change to ensure sustainable life insurance market

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Global reinsurer comments on unsustainable features in the industry Change is needed in both the retail and group insurance markets in Australia if insurers are to return to sustainable long-term... Read more continue reading

SPAA welcomes commitment to leave super alone for 5 years

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The SMSF Professionals’ Association of Australia (SPAA) welcomes the announcement by the Treasurer Chris Bowen to commit to no major changes to superannuation tax policy for five years. SPAA chief... Read more continue reading

FSC announces partnership alliance with First Nations Foundation

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The Financial Services Council (FSC) has announced a long-term partnership alliance with First Nations Foundation (FNF) to help improve the financial literacy of Indigenous Australians. Financial literacy is a key... Read more continue reading

Nikko AM continues its Asian growth strategy, bolsters investment and risk team

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Nikko AM, Tyndall AM’s parent, has made several strategic hires across the group as part of its ongoing Asian growth strategy. In Singapore, Winson Fong has joined Nikko AM Asia... Read more continue reading

RBA: Interest rate cut on agenda next week

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The Reserve Bank Governor has delivered a speech at the Anika Foundation in Sydney. The Reserve Bank Governor has provided the clearest message yet that while super low interest rates are... Read more continue reading

Investors need to go back to fundamentals

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Fidelity technical outlook: A probable pause in the action within a new secular bull market A new secular bull market started at the lows in 2009. Although it may soon... Read more continue reading

Greg Cooper appointed new chairman of the Financial Services Council

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Greg Cooper, CEO of Schroders Australia, has been elected chairman of the Financial Services Council. He was unanimously elected to the position by the FSC board and will officially take... Read more continue reading

ASIC cancels licence of Australian Public Trustees Limited

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ASIC has cancelled the Australian financial services (AFS) licence of Australian Public Trustees Limited (APT) after it was found they had breached a number of the financial, reporting and other... Read more continue reading