The Financial Services Council (FSC) has over 100 members representing Australia's retail and wholesale funds management businesses, superannuation funds, life insurers and financial advisory networks.
The industry is responsible for investing $3 trillion on behalf of more than 15.6 million Australians.
The pool of funds under management is larger than Australia’s GDP and the Australian Securities Exchange's capitalisation. It is the fourth largest pool of managed funds in the world.
The Financial Services Council promotes best practice for the financial services industry by setting mandatory Standards for its members and providing Guidance Notes to assist in operational efficiency.
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