The Morrison Government’s announcement to allow access to superannuation for first home buyers to fund a deposit will undermine the purpose of the superannuation system and could force up to 5.3 million young Australians to decide between owning a home or their retirement savings.

The Financial Services Council (FSC) has today released guidance to assist superannuation trustees and fund managers with divestment of Russian assets.

Following the completion of its executive search process, the Financial Services Council (FSC) Board has appointed Blake Briggs as Chief Executive Officer (CEO).

Tonight’s Federal Budget delivers important support for Australian retirees who are facing challenging increases in the cost of living.

The Financial Services Council (FSC) has welcomed the Government’s commitment to extend the 50 per cent reduction in the minimum draw down requirements for another financial year until 30 June 2023, as well as its pledge to not increase taxes on superannuation in the next parliament.

The Financial Services Council (FSC) has announced its policy priorities for the next parliament ahead of the Federal Election.

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