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Nicole Salimbeni, Partner, Financial Services and Consumer Business Leader, PwC comments on achieving more accessible advice for consumers, plus what an ideal financial advice system looks like. Read more

Welcome to Issue 43 of the FSC Policy Update – a fortnightly member briefing on the main legislative and regulatory changes across the financial services industry. The Government announced significant reforms to superannuation in the Federal Budget, including the implementation of the Royal Commission’s ‘one default account’ recommendation, a policy priority of the FSC’s, along with new APRA powers and controls on the use of members’ retirement savings. Read more

Super chuffed about the opportunity to write the guest blog for the mental health and life insurance virtual roundtable; I did the Gen X thing and googled “features of a great blog”. Read more

Nathan Jacobsen, Managing Director, Paragem comments on the licensee’s role in the future landscape of advice in Australia Read more

Jodie Hampshire, Managing Director, Australia at Russell Investments comments on the benefits of a scaled advice solution for consumers. Read more

Is that the sound of the first shredding of red tape in financial services? Read more