The Financial Services Council (FSC) says the sophisticated investor test needs to be updated to protect consumers. Research undertaken by PwC and Data Analysis Australia, on behalf of the FSC, ...
The Financial Services Council (FSC) is proposing to make the sophisticated investor test less subjective as currently wholesale fund managers are hesitant to apply it. In a submission to the ...
The financial services sector’s peak body, which said it was aligned with a significant number of not-for-profit funds, has submitted 18 recommendations to Treasury to keep the status quo, with the ...
On Friday, the Treasurer released a new consultation on the annual superannuation performance test, aiming to unlock ...
The Albanese government should restrict access to lucrative wholesale investments to individuals worth more than $5 million, the Financial Services Council says, slashing the share of the population ...
The Financial Services Council (FSC) supports the options for refinement of the superannuation performance test released for consultation by the ...
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