Media Releases

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14 May 2024 · Media release

Media Release: Budget leans into long term plan for Financial Services

The Financial Services Council (FSC) welcomes the Government focusing on its long term plan for financial services and the investment community with its ‘no surprises’ Budget for the financial services sector.

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7 May 2024 · Media release

Media Release: FSC launches voice for digital advice

The Financial Services Council (FSC) is pleased to announce the formation of the Digital Advice Expert Group.

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23 April 2024 · Media release

Media Release: FSC appoints new Directors and expands Financial Advice representation

The Financial Services Council (FSC) is pleased to announce the appointment of four new directors to the FSC Board, two sourced from our funds management membership, and two sourced from a new, expanded membership cohort of financial advice businesses.

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27 March 2024 · Media release

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.

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27 March 2024 · Media release

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.

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27 March 2024 · Media release

Media Release: Financial Advice Reform Bill

The Financial Services Council (FSC) notes the Government’s introduction of tranche one of its Delivering Better Financial Outcomes reform package on financial advice into Parliament today.

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7 March 2024 · Media release

Media Release: Closing the retirement savings gender gap

The Financial Services Council (FSC) welcomes the Government’s commitment to pay the Super Guarantee on Government paid parental leave from 1 July 2025.

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1 March 2024 · Media release

Media Release: Australians agree with proposed objective of Superannuation

The majority of Australians believe superannuation should be about preserving savings to deliver income for a dignified retirement, according to a national poll of more than 2500 people.

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19 February 2024 · Media release

Media Release: Australians want to make their own decisions about their retirement savings

Australians want control over how they spend and enjoy their retirement and do not trust the Government to direct how their superannuation savings should be consumed, a new nation-wide poll has revealed.

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13 February 2024 · Media release

Media Release: Fine-Tuning of Investor Test Required to Protect Consumers

New research released today by the Financial Services Council (FSC) has revealed that in less than a decade, almost a fifth of Australian households would be eligible to buy wholesale products without retail consumer protections, leaving them potentially vulnerable due to not properly understanding the associated…

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