45th Parliament must end traffic-jam of reform and stem costs to consumers

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Ongoing regulatory reform in the financial services sector over the past five years has cost industry $2.75 billion, and will rise to $3 billion once reforms currently before Parliament are

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Statement from the FSC on the new Turnbull Ministry

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The Financial Services Council (FSC) welcomes the Turnbull government’s re-appointment of the Hon Scott Morrison as Treasurer, the Hon Kelly O’Dwyer with the new title of the Minister for Revenue

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FSC statement of priorities

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The Financial Services Council (FSC) has released a statement of policy priorities for the next Parliament. Our statement presents policy positions across financial services and the Australian economy. The financial

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Royal Commission into financial services unnecessary use of time and resources

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Financial Services Council CEO, Sally Loane has rejected calls by Opposition Leader, Bill Shorten, for a Royal Commission into financial services calling it an unnecessary and inefficient use of time

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Choice of super fund currently before the parliament

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More consumers are a step closer to being able to choose their superannuation fund under legislation introduced to Parliament last week. Assistant Treasurer, Kelly O’Dwyer, introduced the Superannuation Legislation Amendment

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Life Insurance Code of Practice will be strengthened

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The Financial Services Council has taken action to ensure consumer protections in life insurance will be significantly strengthened in light of recent industry issues. At the annual FSC Life Insurance

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FSC welcomes commitment to enshrine objective of super in legislation

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The Financial Services Council (FSC) welcomes the Government’s commitment to enshrine the objective of superannuation in legislation as recommended by the Financial System Inquiry (FSI). Sally Loane, CEO of the

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Life Insurance Code of Practice is well underway

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The life insurance industry’s response to the 2015 Trowbridge review of the sector included a commitment by the Financial Services Council (FSC) to having a Life Insurance Code of Practice

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Statement on Life Insurance from Sally Loane – CEO of the Financial Services Council

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Life insurance plays an important role in helping Australians protect their most valuable assets – their lives and their livelihoods. The industry paid out approximately $5 billion in claims across

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Companies still have a long way to go in improving ESG reporting  

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Environmental, Social and Governance (ESG) investing practices have evolved and grown rapidly over the past five years yet 13 per cent of ASX200 companies currently fail to provide meaningful information

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