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FSC Policy Update - Issue 77 February 12
Welcome to Issue 77 of the FSC Policy Update. This article outlines legislative and regulatory developments in the superannuation, investments, financial advice, tax, technology and innovation sectors, plus more. Learn about what’s impacting the financial services industry below.
Media Release: Reforms to Reduce the Cost of Providing Financial Advice
The Financial Services Council (FSC) welcomes the Government’s comprehensive framework to deliver on its commitment to make financial advice more accessible and affordable for millions of Australians.
Media Release: Financial Services Council releases results of 2023 funds management gender diversity survey
The Financial Services Council (FSC) has released the results of its 2023 Diversity Survey, highlighting the commitment of its global and domestic fund manager members to improve gender diversity within the investment management sector.
Media Release: FSC Statement on Performance Test Review
The Financial Services Council (FSC) notes the Government’s decision to consult on whether to reform the Your Future, Your Super performance test to avoid discouraging superannuation fund investment decisions away from investments that would strengthen the national economy.
Media Release: Climate-related financial disclosure enhances Australian investment
The Financial Services Council (FSC) welcomes the Government progressing the climate-related financial disclosures regime with the Treasurer’s introduction into Parliament of the Treasury Laws Amendment (Financial Market Infrastructure and other measures) Bill.
Media Statement from Joint Associations Working Group: Still time to fix advice reforms so "hot mess" doesn't turn into disaster
The Joint Associations Working Group (JAWG) is calling on the Government to move swiftly to fix legislation introduced into the Parliament so that it doesn’t make advice more unaffordable and less accessible for consumers.