The Financial Services Council (FSC) has today released guidance to assist superannuation trustees and fund managers with divestment of Russian assets.
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Following the completion of its executive search process, the Financial Services Council (FSC) Board has appointed Blake Briggs as Chief Executive Officer (CEO).
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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.
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The Financial Services Council (FSC) supports the Federal Government’s expectation that the superannuation industry divests Russian assets as part of broader global economic sanctions to address the humanitarian crisis in Ukraine.
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