Financial Services Council - Latest News [Page 1]

FSC appoints expert Disciplinary Committee to uphold Code

Thursday, 25 July 2019, 3:01 pm | Financial Services Council

The Financial Services Council (FSC) has announced the appointment of an expert Disciplinary Committee to oversee the application and enforcement of the new FSC Code of Conduct. The Code has been effective from 1 January 2019 and the Committee’s role is to ... More >>

KiwiSaver tax confusion a timely reminder

Thursday, 6 June 2019, 4:45 pm | Financial Services Council

The announcement yesterday regarding the many KiwiSaver members on the wrong Prescribed Investor Tax Rate (PIR) is a timely reminder to all of the importance of engaging with the details of their KiwiSaver scheme, says the Financial Services Council. More >>

Long-term focus of Wellbeing Budget welcomed

Friday, 31 May 2019, 8:26 am | Financial Services Council

The Financial Services Council has welcomed the long-term focus and consideration of a broader set of policy measures in the inaugural Wellbeing Budget. More >>

Workplace Savings merges with the Financial Services Council

Wednesday, 15 May 2019, 3:41 pm | Financial Services Council

Workplace Savings NZ and the Financial Services Council today announced a merger into one single organisation under the Financial Services Council banner from 1 July 2019, creating a membership association of close to 80 organisations. More >>

FSC acknowledges Government progress on culture and conduct

Tuesday, 30 April 2019, 2:52 pm | Financial Services Council

The Financial Services Council acknowledges the progress on the Government’s financial sector culture and conduct reform work programme with the release of two options papers, and welcomes the opportunity to respond to them. More >>

Passing of FSLAB a landmark moment for industry

Monday, 8 April 2019, 9:51 am | Financial Services Council

The Financial Services Council (FSC) has welcomed the passing of the Financial Services Legislation Amendment Bill (FSLAB) through Parliament as a landmark moment for the New Zealand financial services industry. “FSLAB has been a long time coming and ... More >>

Industry acting on culture and conduct report

Tuesday, 29 January 2019, 12:59 pm | Financial Services Council

The Financial Services Council welcomed the release of the Financial Markets Authority (FMA) and Reserve Bank of New Zealand (RBNZ) report on Life Insurer Conduct and Culture today and will work with its members in the sector to act on its recommendations. More >>

Major Regulatory Changes Drive Interest in Summit

Wednesday, 16 January 2019, 2:28 pm | Financial Services Council

Over 700 financial advisers and industry specialists signed up to the 2019 Navigating Regulation Advice Summit over the holiday period. More >>

Five steps towards wellbeing in 2019

Wednesday, 9 January 2019, 3:23 pm | Financial Services Council

The Financial Services Council watched with interest the New Zealand Government’s Wellbeing Budget announcements at the end of 2018, providing a new lens on implementing social and environmental wellbeing measures together with economic ones. More >>

The FSC welcomes new member Consilium

Thursday, 20 December 2018, 12:04 pm | Financial Services Council

FSC CEO, Richard Klipin, said ‘the Financial Services sector plays a key part in the New Zealand economy. Together, our members help and support New Zealanders to grow, manage and protect their wealth and as the voice of the sector, the FSC welcomes ... More >>

Navigating Regulation Advice Summit 2019 Launched

Monday, 10 December 2018, 8:00 pm | Financial Services Council

Navigating Regulation Advice Summit 2019 Launched The Financial Services Council, the Financial Markets Authority and MBIE today launched the 2019 Navigating Regulation Advice Summits which will be held across New Zealand in March. This Summit is designed ... More >>

Culture and Conduct Report an important step

Monday, 5 November 2018, 4:44 pm | Financial Services Council

The Financial Services Council (FSC) has welcomed the release of the culture and conduct report into retail banks by the Financial Markets Authority (FMA) and Reserve Bank New Zealand (RBNZ) as an important step forward for the financial services industry. More >>

FSC calls for changes to close the KiwiSaver gap

Friday, 7 September 2018, 10:08 am | Financial Services Council

FSC calls for essential changes to close the KiwiSaver gap The Financial Services Council has today released a new report, ‘Shaping Futures: Closing the KiwiSaver Gap’ , which sends a clear message to government, industry and consumers that combined ... More >>

Winners of top industry awards announced

Friday, 7 September 2018, 8:30 am | Financial Services Council

Industry’s top talent were recognised at the Financial Services Council and Workplace Savings New Zealand 2018 Gala Awards ceremony tonight, following the first day of the FSC and WSNZ national conference. More >>

FSC puts a stake in the ground

Wednesday, 5 September 2018, 6:34 pm | Financial Services Council

FSC puts a stake in the ground On the eve of its national conference, the Financial Services Council (FSC) has launched a new set of standards and guidance for its members, the FSC Code of Conduct. Developed over two years by FSC members, the Code of Conduct ... More >>

Industry awards open for nominations

Tuesday, 31 July 2018, 3:47 pm | Financial Services Council

Celebrating good consumer outcomes and industry conduct, the annual Financial Services Council and Workplace Savings NZ awards are open for nominations. More >>

FMA review sends important message to industry

Wednesday, 18 July 2018, 1:56 pm | Financial Services Council

The FMA thematic review on replacement business practices in the insurance industry has a number of important findings for the sector says the Financial Services Council. More >>

KiwiSaver changes welcomed

Tuesday, 3 July 2018, 12:27 pm | Financial Services Council

The Financial Services Council has welcomed the proposed KiwiSaver changes contained in the Taxation Bill introduced to Parliament this week. More >>

FSC will engage constructively with regulators

Thursday, 24 May 2018, 5:28 pm | Financial Services Council

The Financial Services Council has welcomed the conduct letter from the Financial Markets Authority (FMA) and the Reserve Bank of New Zealand (RBNZ), and will engage in a transparent and constructive manner in providing the requested information. More >>

Report highlights importance of transparency and disclosure

Wednesday, 16 May 2018, 3:00 pm | Financial Services Council

The Financial Services Council welcomes the FMA report on remuneration structures in the insurance industry and the important issues it raises in relation to transparency and disclosure. More >>

 

 

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