The Financial Services Council (FSC) Chief Executive Officer Sally Loane has announced that she will leave at the end of the year, after seven years at the helm of the policy and advocacy organisation.

The Financial Services Council (FSC) has today announced it will be introducing an enforceable FSC Standard to prohibit the use of exclusions and restrictive disability definitions because a member is employed in a high-risk occupation. 

The Financial Services Council (FSC) has today released the White Paper on Financial Advice, a blueprint for a simplified regulatory framework that could reduce the cost of providing financial advice by almost $2,000, or up to 37 per cent.

The House of Representatives Standing Committee on Economics is currently holding an inquiry into the implications of common ownership and capital concentration in Australia.

The FSC has made no secret of the need to reduce the regulatory burden on the financial services industry, particularly financial advice, in its advocacy to Government and regulators.

There is a fascinating convergence – unlikely and surely unintended – of several of the brightest minds in our Parliament currently examining the influence on our economy of Australia’s biggest superannuation funds and the world’s largest fund managers. 

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