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The COVID-19 pandemic has given rise to much reflection on the ever-present topics of execution and witnessing of documents.  Read more

Welcome to Issue 42 of the FSC Policy Update – a fortnightly member briefing on the main legislative and regulatory changes across the financial services industry. With three weeks until the Federal Budget is handed down on 6 October, the Government has flagged accelerated personal income tax cuts, tax incentives for businesses to support economic growth and further support for pensioners. Read more

Welcome to Issue 41 of the FSC Policy Update – a fortnightly member briefing on the main legislative and regulatory changes across the financial services industry. The FSC was pleased to host an event with the Shadow Minister for Financial Services, Stephen Jones MP, last Friday to discuss a range of issues with FSC members that are impacting the financial services industry. Read more

Last week, APRA published a gloomy set of quarterly numbers showing that the life insurance industry made a total net loss after tax of $179 million for the March to June 2020 quarter on individual income protection products (IP).  Read more

Inevitably, the broadening of superannuation early release rules as part of the COVID-19 response has led us back to debating whether we should extend the existing First Home Super Saver scheme. Read more

While it may surprise some to know that the original concept of life insurance can be traced back millennia to ancient times, there is no doubt the life insurance industry plays a vital role by providing financial protection when people need it most. Read more