The Quality of Advice Review’s final report released today by the Government lays a strong foundation to ensure many more Australians get the financial advice they need. Read more

By John Brogden, Trustee Director of CFS One of the great errors we make in life is overcompensating for our last mistake. When last in government, the ALP legislated the Future of Financial Advice (FoFA) reforms. These important reforms were in response to an industry that had failed to evolve into a profession and in which too many had forgotten to place the interests of their clients above their own. Read more

Welcome to Issue 69 of the FSC Policy Update. 2023 will be a significant year for the financial services industry, with the new Government finding its feet and likely progressing a significant reform agenda across financial services.   Read more

The Financial Services Council (FSC) has today released consumer research which found strong support for legislating an objective for superannuation, providing it focuses on delivering retirement income for all Australians. Read more

The Financial Services Council has released an enforceable standard for handling group life insurance claims in superannuation. Read more

The Financial Services Council welcomes the Federal Government consultation on a mandatory climate-related financial disclosure regime as well as the Government’s commitment to a Sustainable Finance Agenda. Read more