Financial System Inquiry Final Report

Strategies

Wednesday 10 December 2014

The Financial System Inquiry (FSI), chaired by David Murray AO, released its Final Report on 7 December 2014. The FSI, announced by the Government in late 2013, has been charged with examining how the financial system could be positioned to best meet Australia’s evolving needs and support Australia’s economic growth.

The FSI made 44 recommendations relating to the Australian financial system across five specific themes; resilience, superannuation and retirement incomes, innovation, consumer outcomes and the regulatory system. The Government is now consulting on these recommendations. This article outlines some of the key recommendations that may be of interest to financial services professionals

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The Government’s response to FSI recommendations

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