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.  

Welcome to Issue 68 of the FSC Policy Update, our last issue of the year.

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.

The October 2022 Budget was released by the Treasurer on Tuesday 25 October. The FSC team had two places in the Parliament House Budget lock-up and developed a comprehensive brief that was issued to members shortly after the Budget was released.

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