Media Releases
Media Release: FSC White Paper calls for stronger supervision of financial advice licensees
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.
Media Release: FSC acknowledges ASIC focus on strengthening superannuation platform governance
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.
Media Release: Making active choices about your superannuation leads to better retirement outcomes
The Financial Services Council (FSC) has today released new research showing that empowering consumers to exercise choice over their superannuation, including with the support of personal financial advice, can significantly improve retirement outcomes.
Media Release: FSC supports streamlined approach to foreign investment approvals
The Financial Services Council (FSC) welcomes the Government’s announcement of further reforms to streamline Australia’s foreign investment framework following last week’s Federal Budget.
FSC Fact Sheet – Impact of CGT changes on investors
New FSC analysis demonstrates that the Government’s proposed capital gains tax (CGT) reforms could materially increase taxes on Australians investing outside superannuation, including younger Australians, families, part-time workers and Australians approaching retirement.
Media Release: ‘Bait and switch' Budget raises taxes on all Australian investors
The Financial Services Council (FSC) has significant concerns over the Government’s plan to raise taxes on all Australian investors, across all asset classes, under the guise of increasing equity in the housing market.