Media Releases
Media Release: Superannuation funds continue to fight cyber and financial crime to protect consumers
The superannuation industry continues to band together to fight against cyber criminals and scammers, affirming its commitment with two cross-industry forums that foster collaboration, share critical threat intelligence, and drive action to better protect consumers’ data and financial security.
Media Release: FSC recognises ASIC's collaborative approach to improving Australia's capital markets
The Financial Services Council (FSC) welcomes ASIC’s Advancing Australia’s Evolving Capital Markets Discussion Paper Response Report and its ongoing constructive engagement with industry on these significant issues.
Media Release: FSC welcomes Government commitment to modernise foreign investment framework
The Financial Services Council welcomes the Government’s commitment to streamline the foreign investment framework, which will reduce unnecessary red tape for trusted institutions engaging in lower risk investment activity, while focusing scrutiny for higher-risk transactions.
Media Release: FSC supports new consultative direction on superannuation tax changes
The Financial Services Council (FSC) welcomes the Treasurer’s announcements today that the Government has revised its policy proposal in relation to taxing high superannuation balances and that it will also boost the low-income superannuation tax offset (LISTO).
Media Release: FSC welcomes introduction of Payday Superannuation Bill
The Financial Services Council (FSC) welcomes the introduction of the Payday Superannuation Bill to parliament today, which will ensure that Australians start earning returns on their retirement savings sooner, but also provides flexibility for employers to move to full compliance.
Media Release: FSC developing best practice principles for superannuation platform investment governance
The Financial Services Council (FSC) welcomes the Government’s recognition of the industry’s work to promote best practice investment governance and increase consumer protections in the superannuation platforms sector.