The Financial Services Council (FSC) has today released consumer research which found strong support for legislating an objective for superannuation, providing it focuses on delivering retirement income for all Australians.

The Financial Services Council has released an enforceable standard for handling group life insurance claims in superannuation.

The Financial Services Council welcomes the Federal Government consultation on a mandatory climate-related financial disclosure regime as well as the Government’s commitment to a Sustainable Finance Agenda.

2022 saw a change of Government and with it new policy priorities for the country. Whilst financial services did not feature prominently in the election campaign, issues brought over from the previous parliament, along with the new Government’s focus, have resulted in ongoing reform and review of the sector.  

The FSC has today released research that shows implementing the Quality of Advice Review’s proposals would help an additional two million retirees spend $22.5 billion more and leave $6 billion less in bequests annually by the year 2040.

Improving gender diversity in the funds management industry is a key focus for fund managers, the 2022 Financial Services Council (FSC) Diversity Survey has found.

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