FINANCIAL Services Council CEO Sally Loane has officially thanked retiring Senator John ‘Wacka’ Williams for his significant contribution to financial services reform in Australia.
“Senator Williams has played a pivotal role in bringing misconduct in the financial services sector to the attention of the parliament and the public,” Ms Loane said.
“The FSC has always appreciated being able to have a constructive and open dialogue with Senator Williams, and we are grateful that he always displayed a keen interest in the role of financial services, listening and understanding different points of view.
“As someone who grew up in the New England district, where John and Nancy live and will be spending their retirement, I want to wish them all the very best for the future, on behalf of my team.
“The whole district is enduring a terrible drought at the moment, but the local communities are strong. They have been fortunate to have someone of the calibre of Senator Williams representing them for so long.”
The Financial Services Council (FSC) is a peak body which sets mandatory standards and develops policy for more than 100 member companies in Australia’s largest industry sector, financial services. FSC Full Members represent Australia’s retail and wholesale funds management businesses, superannuation funds, life insurers, financial advisory networks and licensed trustee companies. FSC Supporting Members represent the professional services firms such as ICT, consulting, accounting, legal, recruitment, actuarial and research houses.