News Article
FSC Green Paper on financial advice will offer comprehensive debate on affordability and accessibility
The FSC wants comprehensive debate about the affordability and accessibility of financial advice in Australia, and the best solutions to secure that.
ASIC competition in funds management review
The funds management sector represents $2.3 trillion in consolidated assets and is a key part of the Australian financial services sector, thus prompting ASIC to undertake a competition review of funds management.
Design & Distribution Obligations (DDO) updates
The FSC is doing extensive work to help members prepare for the start of the Design & Distribution Obligations (DDO) regime, which begins in October 2021.
Navigating the Design & Distribution Obligations, & Exchange Traded Funds
With the Design and Distribution Obligations (DDO) due to commence 5 October this year, the release of ASIC Regulatory Guide RG 274 Product Design and Distribution Obligations (RG 274) in December 2020 was eagerly anticipated by the industry.
FSC policy priorities for 2021
I was very pleased to recently host the FSC’s policy team in a detailed member briefing on the policy priorities for 2021.
When all of this is over how do we want financial advice to look?
In the initial stages of the pandemic, writer Elif Shafak, in her recently published essay How to Stay Sane in an Age of Division, recalled seeing signage spring up in parks in London with the question: “when all this is over how do you want the world to be a different place?”.
FSC welcomes new appointment to Board
The FSC welcomes Andrew Morgan, Acting Managing Director of MLC Wealth as a Director to the FSC Board.
Considered design required for timely changes to the super system
Parliament will very soon have the opportunity to debate the Government’s ‘Your Future, Your Super’ reforms that were announced in the October 2020 Budget.
Nothing Shy about the Retirement Review
Policy wonk heaven over the Christmas break will surely be relaxing on the back deck with a beer and a copy of the recently released Retirement Income Review.
Royal Commission recommendations pass Parliament
The Government legislated a second tranche of Royal Commission recommendations, with the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020 passing Parliament on the final sitting day of 2020.
Consumer Data Right (CDR) and the financial services industry
Lisa Schutz is Managing Director of Verifier – a consumer driven data sharing platform that puts people in control of their data to get better service and better outcomes in financial services.