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21 October 2019
The Australian Institute of Superannuation Trustees (AIST) has welcomed findings that Australia’s retirement income system – of which compulsory superannuation is an integral component - has once again rated highly on a world scale.
18 October 2019
The Australian Institute of Superannuation Trustees has welcomed today’s comprehensive report from the Australian Investments Securities Commission (ASIC) on consumer outcomes from total and permanent disability (TPD) insurance.
17 October 2019
Disclosure value questioned | APRA on trustee “discomfort’’ | SMSF warnings | MySuper fees
10 October 2019
Parliament to scrutinise super| Latest Insurance developments & more
AIST welcomes the emphasis in Draft SPG 516 on the promotion of members’ financial interests. Pursuing long-term net returns for members must be the primary consideration in achieving optimal retirement outcomes, supported by risk management, governance, scale, sustainability and member services.
04 October 2019
The Australian Institute of Superannuation Trustees (AIST) welcomes today’s release of a review of the funding of financial counselling services, which recognises the valuable service of the valuable service provided by financial counsellors all around Australia.
03 October 2019
AIST supports measures to ensure employer superannuation compliance but argues that an amnesty would weaken other existing and proposed compliance measures. Evidence shows that amnesties harm compliance culture. An amnesty was not recommended by the Government’s own inquiry into unpaid super. AIST recommends that the Bill not be proceeded with.
APRA heatmap update | Retirement review | Regulatory timeline
27 September 2019
The Australian Institute of Superannuation Trustees (AIST) has welcomed today’s release of the terms of reference for the Retirement Incomes Review.
26 September 2019
Insurance | ATO | regulator focus on underperformance