FSC CEO urges government to adopt a long term retirement policy

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Financial Services Council CEO, Sally Loane has urged the government to take a long term view of superannuation and to develop a robust retirement policy for Australians. In her address to Women in Super today (Monday) Ms Loane said: “The government has a chance to be the first in 24 years since the advent of

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FSC Life Conference – 3 weeks to go

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Only three weeks to go until the FSC Life Insurance Conference which will be held at the Four Seasons Sydney on 16 March. Participants will have an opportunity to preview the new Life Insurance Code of Practice and hear how it will lift industry standards and deliver real consumer benefits. A panel of experts will

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FSC-UBS research: Financial Services is Australia’s fastest growing industry

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Financial Services has been Australia’s fastest growing industry over the past two decades according to the FSC-UBS State of the Industry Report released yesterday. The report contains a comprehensive summary of the financial services industry covering key sectors of superannuation, life insurance, investment, financial advice and trustees. Sally Loane, CEO of the Financial Services Council

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FSC welcomes inquiry into abuse of older Australians

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The Financial Services Council welcomes the Commonwealth Government’s announcement that the Australian Law Reform Commission (ALRC) will conduct an inquiry into the abuse of older Australians. Sally Loane, CEO of the FSC said: “Wednesday’s announcement by the Attorney General, the Hon George Brandis QC, to conduct an inquiry into the laws and frameworks to safeguard

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FSC Statement on Turnbull Ministry changes

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The Financial Services Council congratulates the Hon Steven Ciobo on his Cabinet appointment as Australia’s second Trade and Investment Minister. Andrew Bragg, FSC director of policy said: “This portfolio will shape the future of Australia’s services industries which represents 70 per cent of our economy but accounts for only 17 per cent of our exports.”

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FSC Pre-Budget Submission: Budget changes needed for financial services exports

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The Financial Services Council has called on the Government to conclude the 2009 Johnson Review recommendations to bolster the export of Australian financial services. Andrew Bragg, FSC Director of Policy said: “Significant tax and policy changes are required to allow the financial services industry to deliver growth, jobs and new sources of tax collection as

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Super must be allowed to achieve its objective

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Any plans to reduce the savings of middle Australia will increase long term pressure on the Federal Budget the Financial Services Council said last week. Sally Loane, CEO of the FSC said: “Future generations should not bear the cost of short term Budget decisions.” “Stopping superannuation guarantee payments at 9.5 per cent would be inconsistent

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FSC Life Conference registrations now open

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Registrations are now open for the FSC Life Insurance Conference to be held at the Four Seasons Hotel Sydney on Wednesday, 16 March, 2016. This event offers a quality program and is a must attend event for anyone wishing to hear the latest developments affecting the industry. The conference will include plenary and concurrent sessions

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Brett Clark elected to FSC Board

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Brett Clark, Group CEO and Managing Director of TAL has been elected to the board of the Financial Services Council. “Brett brings a deep understanding of financial services to the FSC Board which spans 20 years and covers life insurance, wealth management and consulting,” said FSC chairman, Greg Cooper. He also co-chairs the FSC’s Life

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FSC Statement – Economic growth through a new tax mix

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The Financial Services Council has released a transformational tax reform package designed to grow the economy and reverse Australia’s collapsing competitiveness and flat productivity. The package of growth-enhancing tax reform delivers lower company and personal income taxes, as well as fully compensating all households for an increase in the GST to 15 per cent. The

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