Friendly Societies

Greater investment in scholarship plans will help fund school and university education for Australian families in the same way that superannuation helps fund retirement, according to the Friendly Societies of Australia (FSA).

To encourage this greater investment, the FSA is urging the Federal Government to consider a range of changes to the taxation regime for scholarship plans.

Read more TAX CHANGES WOULD HELP FUND EDUCATION

The Friendly Societies of Australia (FSA) is pleased to announce a new leadership team following its Annual General Meeting, which was held last week.

Long-time Treasurer of the FSA, Mr Tony Connon (NobleOak) has been elected as the new President of the organisation and Ms Mandy Cooper (Australian Friendly Society) has been elected as the new Vice President of the FSA.

Read more 2017 ANNUAL GENERAL MEETING

Friendly societies – together with other co-operative and mutual financial institutions – will receive greater recognition under recommendations contained in the Hammond Review.

The review’s final report is titled “Report on Reforms for Cooperatives, Mutuals and Member-owned Firms” and is the outcome of the policy process carried out by independent facilitator Mr Greg Hammond OAM.

Read more GREATER RECOGNITION FOR FRIENDLY SOCIETIES

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