News Article

There’s nothing like sitting in a room full of American fund managers responsible for managing the nation’s US$21 trillion funds under management to understand Australia’s place in the world.

The exponential growth of exchange traded funds (ETFs) in the United States could be a sign of things to come in Australia, according to Axel Lomholt, Vanguard’s international Head of ETFs.

FSC State of the Industry Report 2019 . This year marks the fourth edition of the high-level summary of Australia’s largest industry, the financial services sector.

The FSC spoke with Rakhi Kumar, Senior Managing Director, Head of ESG Investments and Asset Stewardship at State Street Global Advisors, about Australia's current ESG and Corporate Governance environment.

Competition, innovation and communication are essential if trust is to be rebuilt in the wake of the Royal Commission.

A contributor article by Paul Callaghan, General Counsel, Financial Services Council.

When Parliament passed the Protecting Your Superannuation Package in March this year, few argued with the intent of the legislation.

To remain sustainable, reinsurers must engage with super fund trustees and insurers to align with the needs of members and policyholders. 

Australia’s Shadow Treasurer, The Hon Chris Bowen, MP was the special guest at a recent FSC BT Political Series lunch event.

I write in response to Adele Ferguson’s article 'Self-regulation of life insurance is failing' (Australian Financial Review, Monday 1 April 2019).

Looking towards Code 2.0

Only 18 months after the introduction of the Life Insurance Code of Practice the industry is preparing for the version 2.0 of the Code, based on an analysis of results and also on more than 30 submissions.

Towards best practice direct selling

While there was is no place for the “hawking” of Life Insurance products from unwanted high-pressure sales, direct selling still has a key role in the industry if it is done ethically.