Richard Gilbert

The Investment and Financial Services Association has welcomed the Government’s Free Trade Agreement with Chile for its financial services export opportunities.

Chief executive Richard Gilbert said the new agreement provides market access to Chile’s financial services sector on a level (previously) only enjoyed by the US.

“Specifically, Australian financial services providers will now have access to Chile’s growing voluntary and mandatory pension fund system.”

“In addition, at a structural level the agreement locks in the capacity to capture future liberalisation at a services and investment level,” he said.