FSC statement on superannuation governance reforms

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The Financial Services Council welcomes the debate taking place in the Senate over the proposed reforms that will require all superannuation trustees to have one third independent directors on their

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Foreign investment into Australia has doubled in five years: Financial Services Council/Perpetual report

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The 2015 Australian Investment Managers Cross-Border Flows Report by the Financial Services Council (FSC) and Perpetual has revealed foreign investment into Australia through managed investment trusts (MITs) has more than

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Time to discuss the unspoken – Elder Financial Abuse Symposium

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The Financial Services Council has brought together some of Australia’s leading industry and social services experts to discuss the public policy challenges and issues arising from the financial abuse of

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FSC statement on new Shadow Cabinet appointments

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The Financial Services Council congratulates Dr Jim Chalmers on his promotion to the Shadow Cabinet as Spokesman for Superannuation and Financial services and assistant spokesman for trade and investment. Sally

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Australians support 12 per cent super contributions and are more willing to switch funds to get a better deal ̶ FSC/ING DIRECT Your Super Future report

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Eighty-eight per cent of Australian workers support our current superannuation system while 35 per cent say they are likely to change funds to get a better deal according to the

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TPP agreement another step in the right direction for financial services trade

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The Trans-Pacific Partnership Agreement finalised in Atlanta this week will provide a platform for multilateral trade with major economies in the Pacific Rim, according to the Financial Services Council. Sally

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Consumers will have more protections under new super legislation

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The Financial Services Council (FSC) welcomes the Superannuation Legislation Amendment (Trustee Governance) Bill 2015 which was introduced to Parliament today by the Assistant Treasurer, Josh Frydenberg. The Bill is part

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FSC congratulates Malcolm Turnbull

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The Financial Services Council congratulates Malcolm Turnbull on becoming the new Prime Minister-designate of Australia. Sally Loane CEO of the FSC said: “Mr Turnbull brings a wealth of experience in

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Japan to participate in Asia Region Funds Passport

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Last week’s announcement that Japan, Korea, New Zealand, the Philippines, Thailand and Australia intend to participate in the Asia Region Funds Passport (ARFP) will significantly boost the trade of managed funds

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Reform of ASIC is needed

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The Financial Services Council has welcomed the discussion paper on the proposed model for funding ASIC which was released by Assistant Treasurer, the Hon Josh Frydenberg MP. “Reform of ASIC’s

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