Welcome to Issue 52 of the FSC Policy Update. Parliament is in the middle of an extended period of sitting over May and June before a long winter recess that runs from the end of June until early August.

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.

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. 

The FSC wants comprehensive debate about the affordability and accessibility of financial advice in Australia, and the best solutions to secure that.