Media Releases
Media Release: Retirement policy should prioritise individual outcomes
The Financial Services Council (FSC) welcomes the Government’s consultations related to Best Practice Principles for Retirement and the Reporting Framework for Retirement Data. The two consultations are an important step forward in improving retirement outcomes for Australians, but the FSC urges the Government to ensure that individual outcomes remain the focus of national retirement policy.
Media Release: FSC Media Statement on Compensation Scheme of Last Resort Special Levy Treasury Consultation
The Financial Services Council (FSC) welcomes the careful and consultative approach the Assistant Treasurer Dr Daniel Mulino has taken with the Treasury consultation released today in considering how to exercise his discretion to impose a special levy to meet the significant funding shortfall in the costs of the Compensation Scheme of Last Resort (CSLR).
Media Release: Green Paper explores opportunities to modernise the financial advice licensing framework
The Financial Services Council (FSC) today releases a Green Paper examining the case for reforming Australia’s financial advice licensing framework to better protect consumers, support a diverse and professional advice sector, and ensure the regulatory model remains fit for purpose in a changing environment.
Media Release: New analysis of the impact of proposed superannuation tax
The Financial Services Council (FSC) has released new data that shows the full impact of the proposed superannuation tax on different age cohorts of Australians under four different scenarios.
Media Release: Best Practice Superannuation Framework for Empowering Consumers for retirement
The Financial Services Council (FSC) today releases a best practice framework showing how superannuation funds can strengthen their product, service and engagement offering across all stages of a customer’s life.
Media Release: FSC welcomes new Assistant Treasurer
The Financial Services Council (FSC) congratulates the new Albanese Government Ministry on their appointments and to the new Assistant Treasurer and Financial Services Minister.