ASIC is conducting a targeted consultation in response to a FSC request for life insurers to be exempt from the design and distribution obligations (DDO) in certain limited situations.   Read more

ASIC released new and updated guidance for corporate collective investment vehicles (CCIVs) on 23 June. The requirements come into effect on 1 July 2022, when the CCIVs regime commences.  Read more

In June 2019, the FSC introduced the Moratorium on Genetic Tests in Life Insurance.  Read more

There is extensive research showing that organisations directly benefit from diversity in a range of ways; diversity of thought, improved decision making, new innovation and better financial performance. Yet the data around organisational diversity is not at desired levels.  Read more

Limiting the scheduling of financial adviser exams holds back professional year (PY) candidates because it takes them longer than one year to complete a professional year at a cost to both them and the licensee. Read more

The FSC continues work on updating the FSC investment management agreement (IMA). The FSC is continuing dialogue with members and legal counsel what some of the key changes and updates are likely to be. Read more