News Article
The new RG 97 - what are the changes?
Now that the hurly-burly’s done and the battle is lost and won, what is the outcome for fees and costs disclosure?
Fund Management Board Committee (FMBC) leader insights
The FSC recently announced that the Investment Board Committee had been reconstituted into the Fund Management Board Committee (FMBC), which is supported by the Investment Expert Group (IEG).
Future of life insurance industry debated at Summit
Online attendees at this week’s FSC Life Insurance Summit heard numerous industry leaders discuss the substantial challenges facing the life insurance sector.
Towards a sustainable future
The life insurance industry is at an “inflection point” which challenges its long-term sustainability and demands fundamental change: this was the consensus view from a panel of industry leaders comprising regulators, re-insurers and product manufacturers.
Advisers in demand during COVID-19
Financial advisers have been “inundated” with enquiries from clients during the COVID-19 pandemic and people without advisers had struggled to find someone to help them, the FSC’s Life Insurance Summit was told.
Fixing fee disclosure and ironing out opt-in
The Fee Disclosure Statement (FDS) became part of our advice regulation the Future of Financial Advice (FOFA) reforms nearly a decade ago.
This week is life insurance awareness week
At 27 I was diagnosed with Acute Myeloid Leukemia and quickly learnt what you really don’t want to leave until the last minute
Economic observations
On 23 July the Government released its Economic and Fiscal Update, reflecting the health of the economy over the 2019-20 financial year, and providing important forecasts for 2020-21.
RG 97: Fee and cost disclosure: the end of the Saga? A new one begins?
For many years now, ASIC has been on a quest for the Holy Grail of transparency and comparability in fees and costs disclosure of financial products.
Technology is the facilitator, not the answer
Here, life insurance industry specialist Lesley Mamelok, Acting CEO and CFO, Integrity Life talks to the influence that technology is having on the sector.