Op-Ed - Financial services industry calls for economic growth agenda

By Blake Briggs, CEO of the FSC

The Australian economy is in a malaise, with Gross Domestic Product (GDP) slowing over the course of 2024 and, outside the COVID-19 economic shock, now recording the weakest rate of GDP growth in a generation.  

Government responds to the Quality of Financial Advice Review

The Financial Services Council has welcomed the Government’s response to the Quality of Advice Review and its commitment to remove costly red tape imposed on financial advisers this year. 

Measure super’s success against retirement incomes, not the size of the pool

By Blake Briggs, CEO of the FSC

The success of Australia’s superannuation system is too often measured by its rapid growth to $3.4 trillion in savings, not by its actual objective, which is to provide income for Australians in retirement.

Better financial advice can benefit all Australians

By Blake Briggs, CEO of the FSC 

Financial advice delivers a direct, tangible benefit to consumers, and the failure of the current regulatory framework to deliver affordable advice on the topics consumers need is causing financial harm to millions of Australians.