Media Releases
Media Release: Two million more Australians better off under Quality of Advice Reforms
The FSC has today released research that shows implementing the Quality of Advice Review’s proposals would help an additional two million retirees spend $22.5 billion more and leave $6 billion less in bequests annually by the year 2040.
Media Release: Gender diversity a priority for fund managers
Improving gender diversity in the funds management industry is a key focus for fund managers, the 2022 Financial Services Council (FSC) Diversity Survey has found.
Media Release: Government urged to deliver affordable and accessible financial advice
The Financial Services Council (FSC) has today called for the implementation of the Quality of Advice Review proposals paper and flagged additional changes to ensure the cost of providing advice is reduced.
Media Release: FSC welcomes 2022-23 Budget
The 2022-2023 Federal Budget has delivered on the Government’s promise to implement its election commitments.
Media Release: Additional consumer protections to be included in FSC life insurance code of practice
The Financial Services Council has today announced further consumer protections will be included in the new Life Insurance Code of Practice with the first life insurance industry-wide guidelines on family and domestic violence as well as new protections in the genetics moratorium.
Media Release: Good advice would see a million more Australians with the life insurance they need
New research released today by the Financial Services Council (FSC) shows the combined effect of simplification of comprehensive advice and the introduction of a scalable advice model for life insurance would see a million more Australians have the life insurance cover they need.