Media Release
MEDIA RELEASE: FIRST HOME BUYERS SHOULD NOT BE FORCED TO CHOOSE BETWEEN A HOME AND THEIR RETIREMENT SAVINGS
The Morrison Government’s announcement to allow access to superannuation for first home buyers to fund a deposit will undermine the purpose of the superannuation system and could force up to 5.3 million young Australians to decide between owning a home or their retirement savings.
MEDIA RELEASE: FSC releases guidance on divesting Russian assets
The Financial Services Council (FSC) has today released guidance to assist superannuation trustees and fund managers with divestment of Russian assets.
MEDIA RELEASE: FSC announces new CEO
Following the completion of its executive search process, the Financial Services Council (FSC) Board has appointed Blake Briggs as Chief Executive Officer (CEO).
MEDIA RELEASE: Federal budget strong for Australian retirees
Tonight’s Federal Budget delivers important support for Australian retirees who are facing challenging increases in the cost of living.
MEDIA RELEASE: FSC welcomes commitment to stability in superannuation
The Financial Services Council (FSC) has welcomed the Government’s commitment to extend the 50 per cent reduction in the minimum draw down requirements for another financial year until 30 June 2023, as well as its pledge to not increase taxes on superannuation in the next parliament.
MEDIA RELEASE: FSC releases pre-election policy priorities for financial services
The Financial Services Council (FSC) has announced its policy priorities for the next parliament ahead of the Federal Election.
MEDIA RELEASE: Superannuation industry response on Ukraine crisis
The Financial Services Council (FSC) supports the Federal Government’s expectation that the superannuation industry divests Russian assets as part of broader global economic sanctions to address the humanitarian crisis in Ukraine.
MEDIA RELEASE: New data shows how genetics Moratorium for life insurance works for Australians
The FSC has today released findings of the genetic testing data collected by the life insurance industry to give Australian’s confidence that the FSC’s Moratorium on genetic test means they can access a level of life insurance cover and still participate in important genomic research.
MEDIA RELEASE: FSC welcomes new appointment to Board
The Financial Services Council (FSC) welcomes Nick Hamilton, Managing Director and Chief Executive Officer of Challenger Limited as a director to the FSC Board.
MEDIA RELEASE: FSC welcomes Retirement Income Covenant and Corporate Collective Investment Vehicle
The Financial Services Council (FSC) welcomes the passage of legislation with bi-partisan support to implement a Corporate Collective Investment Vehicle (CCIV) and the Retirement Income Covenant.
MEDIA RELEASE: FSC welcomes bipartisan support for Retirement Income Covenant and Corporate Collective Investment Vehicle
The Financial Services Council (FSC) welcomes the release of a Senate Inquiry report confirming bipartisan support for the Corporate Collective Investment Vehicle (CCIV) and the Retirement Income Covenant.
MEDIA RELEASE: FSC welcomes new proxy advice regulations
The Financial Services Council (FSC) welcomes the Government’s announcement to regulate proxy advice, and supports the Government’s aim of ensuring that the provision of proxy advice to superannuation funds and fund managers is transparent and independent.