Welcome to Issue 91 of the FSC Policy Update. This article outlines the Government's response to the collapses of the Shield and First Guardian Master Trusts, along with legislative and regulatory developments in the superannuation, investments, financial advice, tax, technology and innovation sectors, plus more. Learn about what’s impacting the financial services industry.

The Financial Services Council (FSC) has released a new industry standard for the private markets and private credit sectors, designed to strengthen investor confidence and lift industry practices in the growing market.

The Financial Services Council (FSC) welcomes the reform package announced today by the Assistant Treasurer and the Financial Services Minister, The Hon Dr Daniel Mulino MP, which strengthens protections in the superannuation system for consumers while preserving Australians’ ability to exercise their choice of superannuation fund and access financial advice.

The key takeaways from Shaping Advice Summit 2026: Event wrap up The Financial Services Council's Shaping Advice Summit 2026 attracted a record 320 attendees from 128 organisations, bringing together policymakers, regulators, advice businesses, superannuation funds, platforms, asset managers and service providers to examine the future of financial advice.

The Financial Services Council (FSC) today released its White Paper on the Future of Advice Licensing, concluding that Australia's financial advice licensing framework requires more proactive regulatory supervision to ensure it continues to protect consumers.

The Financial Services Council (FSC) acknowledges ASIC’s report released today on how platform trustees are monitoring risks to retirement savings. The FSC shares ASIC’s goal of uplifting and ensuring robust governance standards across the platform industry.