INSIGHTS

Media Release

The Financial Services Council (FSC) is pleased to announce the appointment of Kelly Power, Chief...

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Media Release

The Financial Services Council (FSC) welcomes the disciplined Budget position, with spending...

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News Article

The Financial Services Council has been at the forefront of recent policy debates, raising...

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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.  

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VIDEOS

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The Federal Budget contained some modest, but important, investments and reforms for the financial services industry that have been welcomed by the Financial Services Council.

The Financial Services Council welcomed the Government’s disciplined Federal Budget, with spending constraint delivering a $4.2 billion surplus built on a solid domestic economy. Hear more from Blake Briggs, CEO, here.

Policy reform focused on the drawdown phase of our superannuation system would boost retirees’ retirement incomes by 10 per cent each year on average, and collectively by $397 billion by 2050. Hear more here. 

The FSC was proud to launch the FSC Women in Investment Management Charter (WIM Charter) at a recent joint event with Mercer, which delivered solutions to improve gender diversity in investment management. As part of the WIM Charter launch, we surveyed our domestic and global fund manager members on gender diversity in their investment teams, focusing on roles that are actively involved in an investment function or that have an investment execution role, such as portfolio managers, investment research roles or traders, for example. 

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SOCIAL

The Government’s response to the Quality of Advice Review is expected to be released over the coming weeks. If the Government takes an ambitious approach consumers can expect new and innovative...

The FSC is hosting a free, member-only online briefing on the Design and Distribution Obligations (DDO) for investment products on Thursday 25 May at 10.00am.ASIC representatives Kate Metz Lin Yi...

ASIC today released a report reviewing how businesses are implementing the Design and Distribution Obligations (DDO) for investment products.ASIC highlights numerous areas where fund managers can...

About the Financial Services Council's Members

The FSC is a peak body which sets mandatory Standards and develops policy for more than 100 member companies in one of Australia’s largest industry sectors, financial services.

Our Full Members represent Australia’s retail and wholesale funds management businesses, superannuation funds, life insurers and financial advice licensees. Our Supporting Members represent the professional services firms such as ICT, consulting, accounting, legal, recruitment, actuarial and research houses.

The financial services industry is responsible for investing more than $3 trillion on behalf of over 15.6 million Australians. The pool of funds under management is larger than Australia’s GDP and the capitalisation of the Australian Securities Exchange, and is one of the largest pools of managed funds in the world.

INTERNATIONAL INVESTMENT FUNDS ASSOCIATION

The Financial Services Council (FSC) is a member of The International Investment Funds Association (IIFA), an association which provides a forum for global information- sharing and collaboration to promote the investment fund industry.

Find out more about the IIFA here: www.iifa.ca

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