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LATEST NEWS
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Media Release: Government recognises that best practice retirement offering is not "one size fits all"
The Financial Services Council (FSC) welcomes the Government’s release of the voluntary retirement Best Practice Principles (the Principles), reinforcing that superannuation funds must actively engage members approaching and in retirement and that “a one-size-fits-all approach will not work”.
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Media Release: Sensible changes considered to the treatment of stamp duty disclosure for superannuation
The Financial Services Council (FSC) welcomes ASIC’s consultation on the treatment of stamp duty under Regulatory Guide 97, (RG 97) disclosing fees and costs in PDSs and periodic statements.
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Media Release: CSLR levy estimate underscores urgency of needed reform
The Financial Services Council (FSC) has called for the cost of the Compensation Scheme of Last Resort (CSLR) to be brought to sustainable levels following the announcement that the initial levy estimate for FY2027 is $137.5 million, an 82 per cent increase from the revised estimate for FY2026.
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