Media Releases
MEDIA RELEASE: FSC welcomes Retirement Income Covenant and Corporate Collective Investment Vehicle
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.
MEDIA RELEASE: FSC welcomes bipartisan support for Retirement Income Covenant and Corporate Collective Investment Vehicle
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.
MEDIA RELEASE: FSC welcomes new proxy advice regulations
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.
MEDIA RELEASE: Superannuation heatmaps underscore importance of consumer engagement and financial advice
The release of the Australian Prudential Regulation Authority’s (APRA) heat maps for MySuper and ‘choice’ investment products today underscores the importance of ensuring consumers can access affordable financial advice that considers their investment and life insurance needs.
MEDIA RELEASE: FSC announces acting CEO
The Financial Services Council (FSC) today announces the appointment of Blake Briggs as Acting CEO of the FSC, as outgoing CEO Sally Loane steps down after seven years leading the financial services industry association.
MEDIA RELEASE: Release of FSC Standard Prohibiting Occupational Exclusions
The Financial Services Council (FSC) has released an enforceable Standard which will remove occupational exclusions and occupation based restrictive disability definitions in default life insurance cover in superannuation.