News Article

The Financial Services Council (FSC) is building on promoting best regulatory practice across the funds management industry in the interest of consumers with the release today of an updated template Target Market Determination (TMD) for funds management.

The Financial Services Council (FSC) is proud to announce the upcoming implementation of the New Life Code of Practice (new Life Code) on 1 July 2023, which will introduce over 50 comprehensive consumer protections that will change the way customers interact with their life insurers.  

The Financial Services Councils of Australia and New Zealand are pleased to announce the first ever Trans-Tasman Strategic Leaders Summit for the financial sector, to be held on 5-7 March 2024 in Auckland.

The Financial Services Council (FSC) is pleased to announce the appointment of Kelly Power, Chief Executive Officer of Colonial First State Superannuation, to the FSC Board.

The Financial Services Council (FSC) welcomes the disciplined Budget position, with spending constraint delivering a $4.2 billion surplus built on a solid domestic economy.

The Financial Services Council has been at the forefront of recent policy debates, raising concerns with the design of the proposed $3 million cap on superannuation balances and continuing to support the implementation of the Quality of Advice Review.

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