Report supports need for Asia Funds Passport on APEC agenda

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A joint research report by the Financial Services Council of Australia and PwC shows Australia is one step closer to gaining access to the rapidly growing investment markets across Asia. The report, released today by the Prime Minister of Australia, the Hon Julia Gillard MP, at APEC in Yokohama, Japan, shows Asia’s funds management industry

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Investor sentiment negative

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The latest Financial Services Council/CoreData Investor Sentiment Index shows investor confidence remains negative for the second quarter in a row. The Index, prepared by CoreData for the Financial Services Council, shows investor sentiment fell a further 0.5 points to -9.0 in quarter three 2010. Sentiment is now more than 16 points lower than at the

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Bushfire Action Weeek reminds Victorians to get Lifewise this Summer

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With 95% of Australian families having inadequate life insurance, Bushfire Action Week is a reminder to all about the importance of protecting the family against the risks associated with bushfires. The launch of Victorian Bushfire Action Week (10th-17th October) today serves as a reminder to all of the importance of protecting the family against unexpected

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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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