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Media Release: Your Future, Your Super Review puts customers first
The Financial Services Council (FSC) welcomes the Government’s release of the wide-ranging review undertaken by the Treasury of the Your Future, Your Super (YFYS) laws and its accompanying policy response.
CEO Letter: March 2023
Financial services policy and tax settings have been a focus for the Government in the first quarter of the year, and the FSC has been at the forefront of these debates on behalf of FSC members.
FSC Media Statement on the Managed Investment Schemes Review
The Financial Services Council (FSC) welcomes the Review of the Regulatory Framework for Managed Investment Schemes (MIS Review).
Media Release: FSC welcomes finalisation of the Compensation Scheme of Last Resort and Financial Accountability Regime
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.
MEDIA RELEASE: DISTRIBUTIONAL ANALYSIS OF AN UNINDEXED $3 MILLION SUPERANNUATION BALANCE CAP
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.