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.

The FSC has today released findings of the genetic testing data collected by the life insurance industry to give Australian’s confidence that the FSC’s Moratorium on genetic test means they can access a level of life insurance cover and still participate in important genomic research.

The Financial Services Council (FSC) welcomes Nick Hamilton, Managing Director and Chief Executive Officer of Challenger Limited as a director to the FSC Board.

The Financial Services Council (FSC) welcomes the passage of legislation with bi-partisan support to implement a Corporate Collective Investment Vehicle (CCIV) and the Retirement Income Covenant.

The Financial Services Council (FSC) welcomes the release of a Senate Inquiry report confirming bipartisan support for the Corporate Collective Investment Vehicle (CCIV) and the Retirement Income Covenant.  

The Financial Services Council (FSC) welcomes the Government’s announcement to regulate proxy advice, and supports the Government’s aim of ensuring that the provision of proxy advice to superannuation funds and fund managers is transparent and independent.

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