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FSC Policy Update - Issue 43. October 12
Welcome to Issue 43 of the FSC Policy Update – a fortnightly member briefing on the main legislative and regulatory changes across the financial services industry. The Government announced significant reforms to superannuation in the Federal Budget, including the implementation of the Royal Commission’s ‘one default account’ recommendation, a policy priority of the FSC’s, along with new APRA powers and controls on the use of members’ retirement savings.
A pursuit to contribute positively to the mental health of our fellow Australians
Super chuffed about the opportunity to write the guest blog for the mental health and life insurance virtual roundtable; I did the Gen X thing and googled “features of a great blog”.
The need for, and value of, financial advice
Nathan Jacobsen, Managing Director, Paragem comments on the licensee’s role in the future landscape of advice in Australia
Financial advice and the future
Jodie Hampshire, Managing Director, Australia at Russell Investments comments on the benefits of a scaled advice solution for consumers.
In Conversation with Andrew Landman – Chief Executive & Head of Australasia, BlackRock Investment Management and FSC Director
Formerly BlackRock’s Head of Client Business for Asia-Pacific, based in Hong Kong for five years, Andrew Landman has returned to Australia during an exceptionally interesting time for the financial services sector. We asked Andrew to comment on some of today’s key industry activities.