News

  • Issue 28 of the FIC Newsletter Published

    Issue 28 of the Funds in Court newsletter has been published. This edition showcases Chloe’s new home, Mimmo’s 70th birthday, and provides information on the National Assistance Card and how to get a concession on your utility bills. It also invites clients to join our client feedback group, and provides information about the upcoming Client…

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  • Financial Report for 2024-25 Published

    The Victorian Auditor-General has audited the Senior Master’s Financial Reports. These reports are for the financial year ending 30 June 2025. The Auditor-General said ‘In my opinion the financial reports present fairly, in all material respects, the financial position of the Funds in Court as at 30 June 2025 and their financial performance and cash…

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  • New Information Sheet About Selling Your Trust Property Published

    We have just published a new information sheet about the process of selling a trust property. A trust property is a property that has been bought for you using your funds in Court. You can download the Selling Your Trust Property Information Sheet here: [PDF 209KB] [Word 196KB] All our information sheets can be found on our Publications…

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  • Error in Statement Cover Letter

    We recently sent you account statements and a cover letter with details of your fund balances. We have found an error in the cover letter regarding your closing fund balances. This was a reporting error that has no impact on your fund balances. The correct balance of your funds as at 30 June 2025 can be found in…

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  • Investment Annual Fact Sheets Published

    The annual fact sheets for the 2024-25 financial year for Common Fund 2 and Common Fund 3 are now available. You can find them on our Publications > Investment information page, or download them below. Common Fund No. 2 Annual Fact Sheet 30 June 2025 [PDF 291KB] [Word 289KB] Common Fund No. 3 Performance 2024-2025 [PDF 407KB] [Word 322KB]

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  • 2024-25 Crediting Rates and Operational Costs Published

    FIC is almost entirely self-funded. FIC does not charge direct fees and we do not make a profit from clients’ investments. FIC takes only enough money to pay for its operating costs. These operating costs are set out every year in the FIC Financial Report and the annual Crediting Rates and Operational Costs fact sheet.…

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