Friendly Societies

The friendly societies industry has enhanced the level of information it provides to key external stakeholders by the launch today of the new Friendly Societies of Australia (FSA) website. The new website provides information about friendly societies in Australia, the products they offer and the unique “benefit fund” structure that friendly societies operate under (where…

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All funds for funerals and funeral expenses invested in Western Australia should be held independently and separate from funeral directors, according to the Friendly Societies of Australia (FSA). The recommendation is contained in a supplementary submission the FSA has lodged with the WA State Government, which is conducting consultation as part of the process of…

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The Friendly Societies of Australia (FSA) has lodged a submission to be considered as part of the consultation the Government of Western Australia is conducting to develop a new code of practice for pre-paid funerals in WA. Key policy positions of the friendly societies industry as highlighted in the submission include: The draft new WA…

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