Understanding Money Resource Partners
The Financial Literacy Foundation acknowledges the work of partners that have contributed to Understanding Money resources. Partners have expertise as trusted and reliable sources of financial literacy information, which they have generously shared with the Foundation in contributing to the development and delivery of the campaign.
Partners are listed below, with a short description provided by each and links to their home pages.
Industry Partners
ABACUS - AUSTRALIAN MUTUALS
Abacus - Australian Mutuals is the peak industry association for Australia's mutual banking sector. Abacus - Australian Mutuals represents the majority of Australia's mutual building societies and credit unions, drawing together the Credit Union Industry Association (CUIA) and the Australian Association of Permanent Building Societies (AAPBS). Collectively, Abacus - Australian Mutuals' member building societies and credit unions hold over $44 billion in assets and service 4 million Australians. As mutuals, building society or credit union members are both customers and owners. As mutuals, their focus is on members - not shareholders - through better service, fairer fees and a strong commitment to communities around Australia.
For more information, visit www.abacus.org.au
AUSTRALIAN BANKERS' ASSOCIATION
The Australian Bankers' Association (ABA) is the national peak body representing 26 banks authorised by the Australian Prudential Regulation Authority to carry on the business of banking in Australia. These banks also hold an Australian Financial Services Licence issued by the Australian Securities and Investments Commission. The ABA works with its member banks to provide analysis, advice and advocacy and contributes to the development of public policy on banking and other financial services. The ABA works to ensure the banking system can continue to deliver the benefits of competition to Australian banking customers.
For more information, visit www.bankers.asn.au
CPA AUSTRALIA
CPA Australia is proud to partner with the Financial Literacy Foundation to help raise the level of financial knowledge in Australia. CPA Australia, one of the world's largest accounting bodies, represents more than 108,000 finance, accounting and business professionals in Australia, Asia and Europe.
We seek to ensure our members provide employers and the public with the best possible financial, accounting and business advice.
The contributions made by CPA Australia members help improve the level of financial literacy by helping the public to make sound career choices, invest wisely, educate their children and retire comfortably.
To locate a CPA Australia member near you, visit www.cpaaustralia.com.au
THE ASSOCIATION OF SUPERANNUATION FUNDS OF AUSTRALIA
ASFA (the Association of Superannuation Funds of Australia) is the peak industry association covering all sectors of the superannuation industry. Our purpose is to protect, promote and advance the interest of superannuation funds and their members and to promote good retirement income policy.
Though our website and other services, ASFA strives to provide factual and easy to understand information about superannuation and its rules (including post retirement products). ASFA does not promote any specific product.
For more information, visit www.superannuation.asn.au
THE AUSTRALIAN STOCK EXCHANGE
The Australian Stock Exchange (ASX) operates Australia's primary national stock exchange and offers a wide range of products, including equities, options, warrants, futures, listed managed investments and interest rate securities using leading edge technology systems for trading, clearing and settlement. ASX also provides a wide variety of investor education programs such as free online classes, ASX Sharemarket Game and ASX Investor Hour. Comprehensive market data and information is also available for a range of users and services.
For more information, visit www.asx.com.au
THE FINANCIAL SERVICES INSTITUTE OF AUSTRALASIA
Finsia - the Financial Services Institute of Australasia - was formed by the merger of the Securities Institute of Australia and the Australasian Institute of Banking and Finance. This united expertise strongly positions us as a leading educator and membership body, building careers and raising standards in financial services. Finsia represents 20,000 members and 19,000 students in more than 50 countries. Our commitment to excellence enhances our capacity to connect professionals to the most current, responsive and practical education and link members to an expansive global network.
Finsia offers the choice of 12 qualifications, 250 professional development events across Australia and New Zealand and continues to educate thousands of industry professionals through corporate and industry education programs. A comprehensive program is presented each year for members including: financial training workshops, seminars, luncheons and breakfast meetings.
For more information, visit www.finsia.edu.au
THE INSTITUTE OF CHARTERED ACCOUNTANTS IN AUSTRALIA
The Institute of Chartered Accountants in Australia (The Institute) is a professional association for accountants which trains, supports and governs its members and whose core purpose is 'to lead the profession'. The Institute strives to be a visionary organisation with respected thought leadership and key business partnerships; setting the benchmark for the highest ethical and educational standards; providing a Chartered Accountants brand which is the passport for total career success; and representing and leading the profession nationally and influencing regionally and globally.
For more information, visit www.icaa.org.au
THE INSURANCE COUNCIL OF AUSTRALIA
The Insurance Council of Australia is the peak body for Australia's general insurance industry. Its 56 members represent 90% percent of the industry.
Its role is to influence, ethically and expertly, the political, social, business and economic environment, in order to promote its members' role in providing insurance protection and security to the Australian community.
Consumers are encouraged to visit www.ica.com.au for information on insurance products and services, including what to look for and questions to ask when buying insurance.
THE INVESTMENT AND FINANCIAL SERVICES ASSOCIATION
The Investment and Financial Services Association (IFSA) is the representative body for the managed funds, superannuation and life insurance industry. IFSA has over 120 member companies who invest approximately $920 billion on behalf of 9 million Australians.
IFSA supports the work of the Government to improve financial knowledge and is committed to helping Australians gain a better understanding of how they can make the most of their money. IFSA has factual, impartial and non-promotional information available on its website and hosts seminars in investing, superannuation and life insurance.
For more information, visit www.ifsa.com.au
THE NATIONAL INSURANCE BROKERS ASSOCIATION OF AUSTRALIA
The National Insurance Brokers Association of Australia (NIBA) is the peak professional body for insurance intermediaries. It is an independent industry association with 500 member groups and 2600 individual members who are all Qualified Practising Insurance Brokers (QPIBs). Brokers play a major role in insurance distribution, handling more than $7 billion in premiums annually and placing around half of Australia's total insurance business.
NIBA's role is to assist its individual and corporate members to embrace and adopt high standards of professional competence and conduct. This ensures they are able to deliver high standards of service and expertise to those who rely on them for insurance advice. Other functions include education, government lobby, communications and representing the broking sector's interests in the Australian community.
For more information, visit www.niba.com.au
THE FINANCIAL PLANNING ASSOCIATION OF AUSTRALIA
The Financial Planning Association of Australia (FPA) is the peak professional body for financial planning in Australia, representing approximately 12,000 individuals and businesses. FPA and its members strive to improve the financial wellbeing of all Australians. The FPA provides the leadership and professional framework that enable members to deliver quality financial advice to their clients.
FPA members include financial planners from a variety of backgrounds and disciplines, including over 5,500 Certified Financial Planner™ professionals. All FPA practitioner members are bound by a code of ethics, high professional standards and must meet continuing professional education requirements.
For more information, visit www.fpa.asn.au
Government Partners
THE AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
The Australian Securities and Investments Commission (ASIC) is an independent Government agency that regulates financial services, financial products and company laws to protect the public. Financial services businesses, including banks, credit unions, insurance companies, insurance brokers, superannuation companies, financial planners and stockbrokers, must be licensed by ASIC. ASIC's consumer website, FIDO, provides free and impartial tips and safety checks about financial products, consumer rights and avoiding scams.
For more information, visit www.asic.gov.au and www.fido.asic.gov.au
CENTRELINK
Centrelink is an agency of the Department of Human Services which includes Medicare Australia, CRS Australia, Child Support Agency, Australian Hearing and Health Services Australia. Centrelink's purpose is to assist all people to become self-sufficient and support those in need through the delivery of a range of payments and services to the Australian community. Centrelink is set up so people can get more of the help they need in one place.
For more information, visit www.centrelink.gov.au
THE DEPARTMENT OF FAMILIES, COMMUNITY SERVICES AND INDIGENOUS AFFAIRS
The Department of Families, Community Services and Indigenous Affairs (FaCSIA) is part of the Australian Government's family and community services portfolio and is responsible for about a quarter of the government's budgetary outlays. The portfolio is responsible for a broad range of social policies and support affecting Australian society and the living standards of Australian families.
For more information, visit www.facs.gov.au
THE INSOLVENCY AND TRUSTEE SERVICE AUSTRALIA
The Insolvency and Trustee Service Australia is the government agency responsible for the administration and regulation of the personal insolvency system in Australia. ITSA operates the bankruptcy registry, where debtors petitions are lodged, debt agreement proposals are processed and public records on insolvency are maintained. It acts as a trustee in bankruptcy. Official Receivers exercise powers to assist trustees to obtain information and recover property. ITSA investigates possible offences under the Bankruptcy Act and prepares briefs of evidence for prosecution.
ITSA's purpose is to provide a personal insolvency system that produces equitable outcomes for debtors and creditors, enjoys public confidence and minimises the impact of financial failure on the community.
For more information, visit www.itsa.gov.au