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. Read more

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. Read more

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. Read more

Today’s announcement by the Government to increase the frequency of superannuation guarantee payments to align with wage and salary cycles is a welcome outcome that will benefit Australian consumers. Read more

By Blake Briggs, CEO of the FSC The success of Australia’s superannuation system is too often measured by its rapid growth to $3.4 trillion in savings, not by its actual objective, which is to provide income for Australians in retirement. Read more

New research released today by the Financial Services Council (FSC) shows policy reform focused on improving how Australians spend their superannuation savings would boost retirement incomes by 10 per cent each year, or by $397 billion by 2050. Read more