Mental Health and Life Insurance Round Table discussed mutual concerns during the COVID-19 pandemic. Read more

OPINION PIECE - by Jane Macnamara, Senior Policy Manager – Superannuation & Retirement Incomes Read more

Welcome to Issue 31 of the FSC Policy Update – a fortnightly member briefing on the main legislative and regulatory changes across the financial services industry. Today marks the official start date of the Government's temporary early access to superannuation initiative, which the FSC supports. Across financial services, it is all hands on deck to ensure Australians are as well-supported as possible during this economic crisis. To that end, your FSC team has been working closely with regulators, Treasury and agencies to secure relief and waiver from non-critical legislation and regulation so that our members can place as many resources as needed into front-line operations to help their customers.  Read more

The FSC has appointed Blake Briggs as its Deputy Chief Executive Officer. Read more

Welcome to Issue 30 of the FSC Policy Update – a fortnightly member briefing on the main legislative and regulatory changes across the financial services industry. In this issue, the FSC team analyses requests for regulatory relief and waiver relating to the impact of COVID-19, Your Super, Your Choice and Enhancements to Unfair Contract Term Protections.  The FSC team is actively focused on triaging a number of issues across every portfolio in financial services, including but not limited to – writing to every state government and territory requesting that financial services be defined as an “essential service”; holding regular, often daily meetings with Government, regulators and agencies to (a) inform them of urgent and emerging market issues and (b) requesting relief and waiver from specific legislative and regulatory initiatives and sharing information with peer industry association colleagues in NZ and the UK, and here at home. Thanks again to those highly engaged members who understand the value of their industry association as a swift and well-connected conduit to decision-makers during this COVID-19 emergency. And while most of the BAU handbook has been shelved in the past fortnight, we have managed to deliver a comprehensive submission on Design and Distribution Obligations (DDO), among other things. Read more

OPINION PIECE - An analysis of the Significant Investor Visa (SIV) by Vincent So, Policy Manager, Investments and Global Markets Read more