Media Release

The Financial Services Council (FSC) welcomes the Government’s amendments to remove the s99FA(1)(a) and (b) provisions in tranche 1 of its Delivering Better Financial Outcomes Bill.

The Financial Services Council (FSC) and its superannuation funds members are spearheading the fight against fraud and scams following the release of a Standard that aims to protect consumers from financial harm.  

The Financial Services Council (FSC) welcomes the release of the Government’s Sustainable Finance Roadmap, which will provide greater confidence and certainty for investors managing climate-related investment risks and opportunities and in bringing sustainability-related investment products to market.

The Financial Services Council (FSC) welcomes the Government focusing on its long term plan for financial services and the investment community with its ‘no surprises’ Budget for the financial services sector.

The Financial Services Council (FSC) is pleased to announce the formation of the Digital Advice Expert Group.

The Financial Services Council (FSC) is pleased to announce the appointment of four new directors to the FSC Board, two sourced from our funds management membership, and two sourced from a new, expanded membership cohort of financial advice businesses.

The Financial Services Council (FSC) notes the Government’s introduction of tranche one of its Delivering Better Financial Outcomes reform package on financial advice into Parliament today.

The Financial Services Council (FSC) welcomes the Government progressing the climate-related financial disclosures regime with the Treasurer’s introduction into Parliament of the Treasury Laws Amendment (Financial Market Infrastructure and other measures) Bill.

The Joint Associations Working Group (JAWG) is calling on the Government to move swiftly to fix legislation introduced into the Parliament so that it doesn’t make advice more unaffordable and less accessible for consumers.

The Financial Services Council (FSC) welcomes the Government’s commitment to pay the Super Guarantee on Government paid parental leave from 1 July 2025.

The majority of Australians believe superannuation should be about preserving savings to deliver income for a dignified retirement, according to a national poll of more than 2500 people.

Australians want control over how they spend and enjoy their retirement and do not trust the Government to direct how their superannuation savings should be consumed, a new nation-wide poll has revealed.