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.
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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.
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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.
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The FSC has today released research that shows implementing the Quality of Advice Review’s proposals would help an additional two million retirees spend $22.5 billion more and leave $6 billion less in bequests annually by the year 2040.
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