2022 has started with a bang! The FSC and our members have already seen significant progress on key policies this year with parliament passing the Retirement Income Covenant and the Corporate Collective Investment Vehicle regime. 

These reforms were both long-term priorities for the FSC and we are pleased to see them legislated before the upcoming election.  

The FSC has secured prominent speakers to outline their vision for the financial services industry in the lead up to the Federal Election. Dr Jim Chalmers, the Shadow Treasurer, is joining us on the 9 March for an important, in-person breakfast to outline his vision for the Australian economy and the financial services sector under a Labor Government.  

I am also pleased to announce that Minister Hume will join the FSC only days after the Federal Budget is handed down on 31 March for a free, member only online briefing on the Budget and its implications for our industry and the Federal Election. The FSC Life Insurance Summit has also been confirmed for 27 July, and I encourage members to watch out for the schedule of speakers that will be released soon.  

FSC staff are returning to the office and looking forward to an increasing level of face-to-face contact with our members. The extended period of stop-start working from home over the last six months has not slowed the team down, who have progressed the finalisation of version two of the Life Insurance Code of Practice, are responding to a barrage of ASIC and APRA consultations in funds management and superannuation, and continuing to strongly advocate for reform to  financial advice regulation. Thank you to all our members who continued to lend their time and expertise on ongoing regulatory issues, particularly over the summer break.  



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