Latest News

09 March 2023 | Kylie Adoranti

The Financial Services Council (FSC) welcomes the Review of the Regulatory Framework for Managed Investment Schemes (MIS Review).

07 March 2023 | Kylie Adoranti

The Financial Services Council (FSC) welcomes the introduction of the Compensation Scheme of Last Resort (CSLR) and the Financial Accountability Regime (FAR) Legislation into Parliament today, reflecting the Government’s focus on finalising the remaining pieces of the Royal Commission into the Banking, Superannuation and Financial Services industry.

02 March 2023 | Kylie Adoranti

New analysis of ATO data from the Financial Services Council (FSC) today shows over 500,000 current taxpayers will be adversely impacted by the Government’s proposed 30 per cent tax rate on balances above $3 million.

27 February 2023 | Kylie Adoranti

The Financial Services Council (FSC) notes the certainty of today’s Government announcement to tax superannuation balances over $3 million but warns there are still important details to be resolved. 

19 February 2023 | Kylie Adoranti

The Financial Services Council (FSC) welcomes the Federal Government prioritising public consultation on a proposed definition of the objective for the superannuation system. 

10 February 2023 | Kylie Adoranti

By Blake Briggs, CEO of the FSC  Financial advice delivers a direct, tangible benefit to consumers, and the failure of the current regulatory framework to deliver affordable advice on the topics consumers need is causing financial harm to millions of Australians.

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Date of Publication: 21 June 2024
Version: 1.0

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