Shaping Futures

Closing the KiwiSaver gap

The Voice of the Financial Services Sector in New Zealand

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Kiwis gamble on financial risk: New research launched into risk

11 Jun 19 - New research commissioned by the Financial Services Council (FSC) has revealed many New Zealanders are taking a high stakes gamble on managing risk.

The research ‘Risking Everything’ carried out by Horizon Research looked at New Zealanders attitudes to financial risk and how they protect their wealth should the worst happen.

Read the research, media release or watch.

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Shaping Futures

KiwiSaver Pie grows to $58.53bn, average balance grows to $19,246

13 May 19 - Latest figures published today show that KiwiSaver assets have grown to nearly $58.53bn. Over the last quarter (to the end of March 2019), the KiwiSaver pool has grown $1.26bn, 16.5% over the past year.

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Workplace Savings NZ merges with the Financial Services Council

15 May 19 - Workplace Savings NZ and the Financial Services Council today announced a merger into one single organisation under the Financial Services Council banner from 1 July 2019, creating a membership association of close to 80 organisations.

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Code, conduct and culture

We are clear, as an industry that we need to take the lead in lifting standards to deliver better outcomes for New Zealanders.

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KiwiSaver

The KiwiSaver scheme is New Zealand’s voluntary long-term savings scheme and the FSC has made recommendations to make KiwiSaver work harder for Kiwi's.

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Life Insurance

There are a number of risks in life, such as natural disasters, loss of income, and sickness. Our members cover 95% of the life insurance market in New Zealand.

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Submissions

See the submission we have made to the New Zealand Government and Regulators on topics as wide ranging as foster care to tax and insurance to conduct and culture.

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Membership

Make a real difference to the financial services sector and to the everyday lives of Kiwi's. Find out more about the benefits of being a member of the Financial Services Council.

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News

FSC news

KiwiSaver tax confusion a timely reminder says the Financial Services Council

6 Jun 19 - The announcement yesterday regarding the many KiwiSaver members on the wrong Prescribed Investor Tax Rate (PIR) is a timely reminder to all of the importance of engaging with the details of their KiwiSaver scheme, says the Financial Services Council.

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Financial Services Council launches new Code of Conduct

5 Sep 18 -

On the eve of its national conference, the Financial Services Council (FSC) has launched a new set of standards and guidance for its members, the FSC Code of Conduct.

Developed over two years by FSC members, the Code of Conduct is designed to build the professionalism of the industry by reinforcing the need for good conduct and a strong consumer-focussed culture.

As a living code, FSC members will work to develop best practice and guidance for the Code’s nine standards, which fall into three core objectives covering ethical, communication and consumer outcomes.

It will come into force on 1 January 2019.

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Shaping Futures

2019 Conference Programme Released - Towards Wellbeing

11 Apr 19 - Programme for 2019 Financial Services Council Annual Conference Released

With a little over five months to go momentum continues to build for the 2019 Financial Services Council and Workplace Savings NZ annual conference with the release of the event’s first programme.

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