Financial Services Council launches Chief Investment Office Investment Index

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Chief Investment Officers mildly optimistic about investment outlook The inaugural ‘Financial Services Council Chief Investment Officer Investment Index’ shows Chief Investment Officers (CIOs) are mildly optimistic about the performance of Australian and international investments over the next 12 months, but are concerned about short and long term risks related to the slowdown of the US […]

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Consumers provided commitment to quality and high standards with financial services Trustmark

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Consumers learnt today that the Financial Services Council had launched a Trustmark that will demonstrate a commitment to high quality and standards in financial products and services including superannuation, life insurance and investments.  The initiative comes in the wake of a string of financial disasters that have hit thousands of Australian families over the past […]

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Super gains from system reforms

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Superannuation funds will save $20 billion over the next decade if the Cooper review’s SuperStream is implemented, according to new research released today by the Financial Services Council and Ernst & Young. The bulk of the savings would come from making electronic transactions mandatory and straight through processing. The research, The $20 billion dollar prize, […]

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Securing Australia’s future

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The Financial Services Council, in partnership with PricewaterhouseCoopers, today released the findings of a CEO survey on the key economic, regulatory and investment policy issues facing Australia. The survey canvassed the views of leaders from the financial services industry on issues such as national savings, infrastructure and Australia’s role in Asia. John Brogden, CEO of […]

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Financial Services Council – A bigger voice on the economy

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At an Extraordinary General Meeting held yesterday in Sydney, members of the Investment & Financial Services Association (IFSA) voted to change the organisation’s name to the Financial Services Council and adopted an expanded mandate to more actively engage in economic policy in Australia. The Financial Services Council is the national peak body representing the $1.4 […]

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Industry body embraces a wider agenda

IFSA to become the Financial Services Council The Investment & Financial Services Association (IFSA), the national peak body representing the $1.4 trillion retail and wholesale funds management, superannuation and life insurance industries, today announced it would take on an expanded mandate and more actively engage in economic policy in Australia. John Brogden, CEO of IFSA, […]

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Australians facing a retirement savings disaster

The latest research released today by the Investment & Financial Services Association (IFSA) showed Australians face a massive savings shortfall that would see the majority of Australians struggling to maintain their quality of life in retirement. John Brogden, IFSA’s CEO, said the latest IFSA research undertaken, by Rice Warner Actuaries, represented a confronting reality check. […]

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