In August, MC Tracey Spicer welcomed industry delegates to this year’s Financial Services Council (FSC) Conference at the Gold Coast.
The conference played host to various industry leaders including The Hon Bill Shorten and Matthias Cormann, who fought it out on FoFA and other industry reforms. Each the four industry regulators highlighted the importance of their roles and discussed how a compliance culture is spread from the leadership down. Rohan Lund of Yahoo!7 presented on the vital and increasing role social media can play in business.
The conference highlight was John Brogden’s address, his third as FSC CEO, in which he made the case that the superannuation sector is likely to become more significant to the economy and individuals than banking. He also called for an increase of the preservation age from 65 to 67, mirroring age pension changes in response to increased life expectancy and reducing the risk of Australians outliving their retirement savings.
See the BlueChip blogs from each day of the FSC Conference here.