Australia needs a new framework for financial advice

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The Financial Services Council has called for new architecture for Australia’s financial advice industry. John Brogden, CEO of the FSC said: “Significantly improved adviser education, increased ASIC powers and greater

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La Trobe Financial partners with Lifeline to save lives

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Over the last 12 months, Lifeline has answered an extraordinary 700,000 calls from Australians in crisis and at risk of suicide, however over 160,000 who were calling for help were

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Australian superannuation returns third highest in the world

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Research for the Financial Services Council released yesterday shows Australia has the third highest superannuation fund returns in the world. The research was prepared for the FSC by Deloitte Access Economics

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Financial services industry must move on from regulation − FSC-DST CEO Report

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The financial services industry must focus on innovation to drive productivity and economic growth, John Brogden, CEO of the Financial Services Council said yesterday. Speaking at the launch of the

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Fair Work superannuation process will cost $400 million

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The selection process by the Fair Work Commission (FWC) for default superannuation funds under Modern Awards will cost superannuation fund members a staggering $400 million if it is allowed to

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New register of financial advisers will increase transparency for consumers

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The Financial Services Council said yesterday that the establishment of an enhanced public register of financial advisers will increase transparency for consumers. John Brogden, CEO of the FSC said: “The

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FSC Response to Financial System Inquiry Interim Report

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The Financial Services Council yesterday welcomed the interim report of the Financial System inquiry. Superannuation The FSC agrees with Murray’s commentary that policy settings in superannuation lack stability. John Brogden,

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Financial Advice more accessible and affordable with FoFA reforms

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The Financial Services Council commends the Senate for supporting the amendments to the Future of Financial Advice laws yesterday. “With the critical support of cross bench Senators, the Government’s amendments

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John Brogden to depart FSC at the end of the year

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Chairman of the Financial Services Council (FSC), Greg Cooper, announced last Friday that John Brogden will be stepping down as CEO of the FSC at the end of the year

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Parliamentary Inquiry must focus on the future and the past FSC says

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The financial advice industry is open to any Parliamentary inquiry provided it focuses on the future, not just the past, the Financial Services Council said yesterday. John Brogden, CEO of

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