Welcome to Issue 51 of the FSC Policy Update. The Government released the draft regulations for the ‘Your Future, Your Super’ package, completing the picture on the most significant overhaul of the superannuation since the Stronger Super reforms.

Eighteen months ago, we set wheels in motion for a significant long-term project, to map the value of financial advice for Australians.

I’m not a financial adviser, but that doesn’t stop everyone, from colleagues to family members to my hairdresser, asking what they should do with their super.

Welcome to Issue 50 of the FSC Policy Update. In 2021, this member briefing on the main legislative and regulatory changes across the financial services industry will be issued monthly.  Parliament has entered an extended break before the release of the Federal Budget, which will be handed down on Tuesday 11 May.

Legacy products are financial products that are well past their “use by” date, as they are no longer issued to new retail customers and over time the number of remaining few customers gradually decreases. 

As a former Canberra Press Gallery journalist, I can vouch for the fact that for political players, there’s nothing more exciting than the smell of blood in the water. 

Want to Talk

Leave your details and we'll be in touch.