Firm Focus on the Impacts of FoFA Reforms – FSC Annual Conference 2012

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For advisers wanting to hear the latest on FoFA, this year’s Financial Services Council Annual Conference on the Gold Coast from August 1 through to August 3, is the must attend event of 2012. This year’s Conference includes a firm focus on the impacts of the FoFA reforms on the profession in Major Issues Sessions […]

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Investment manager regime removes major export barrier

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Martin Codina, Director of Policy at the Financial Services Council, commended the Federal Government’s announcement that it was introducing an Investment Manager Regime. “It is difficult to overstate the significance of these changes. The introduction of an Investment Manager Regime represents a major step towards Australia becoming a more significant international financial centre,” Mr Codina said. […]

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New research reveals discrimination against older workers

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The Financial Services Council has today released research which shows older workers are being discriminated against in the workforce at a time when they are finding it hard to build the superannuation they need for retirement. Conducted by Westfield Wright for the Financial Services Council, the study found almost three in 10 (28 per cent) […]

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New appointments to FSC board

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Gerard Doherty, Managing Director of Fidelity Australia, and Ben Heap, Managing Director of UBS Global Asset Management in Australia and New Zealand, were elected Directors of the Financial Services Council at its Annual General Meeting yesterday. The new Directors replace Michael Bargholz, former CEO of AllianceBernstein Australia, and John Van Der Wielen, former Managing Director […]

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Report supports need for Asia Funds Passport on APEC agenda

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A joint research report by the Financial Services Council of Australia and PwC shows Australia is one step closer to gaining access to the rapidly growing investment markets across Asia. The report, released today by the Prime Minister of Australia, the Hon Julia Gillard MP, at APEC in Yokohama, Japan, shows Asia’s funds management industry […]

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Financial Services Council launches Chief Investment Office Investment Index

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Chief Investment Officers mildly optimistic about investment outlook The inaugural ‘Financial Services Council Chief Investment Officer Investment Index’ shows Chief Investment Officers (CIOs) are mildly optimistic about the performance of Australian and international investments over the next 12 months, but are concerned about short and long term risks related to the slowdown of the US […]

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Consumers provided commitment to quality and high standards with financial services Trustmark

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Consumers learnt today that the Financial Services Council had launched a Trustmark that will demonstrate a commitment to high quality and standards in financial products and services including superannuation, life insurance and investments.  The initiative comes in the wake of a string of financial disasters that have hit thousands of Australian families over the past […]

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Super gains from system reforms

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Superannuation funds will save $20 billion over the next decade if the Cooper review’s SuperStream is implemented, according to new research released today by the Financial Services Council and Ernst & Young. The bulk of the savings would come from making electronic transactions mandatory and straight through processing. The research, The $20 billion dollar prize, […]

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Financial Services Council – A bigger voice on the economy

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At an Extraordinary General Meeting held yesterday in Sydney, members of the Investment & Financial Services Association (IFSA) voted to change the organisation’s name to the Financial Services Council and adopted an expanded mandate to more actively engage in economic policy in Australia. The Financial Services Council is the national peak body representing the $1.4 […]

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Industry body embraces a wider agenda

IFSA to become the Financial Services Council The Investment & Financial Services Association (IFSA), the national peak body representing the $1.4 trillion retail and wholesale funds management, superannuation and life insurance industries, today announced it would take on an expanded mandate and more actively engage in economic policy in Australia. John Brogden, CEO of IFSA, […]

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