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News, insights and resources as they unfold. Stay up-to-date with the issues affecting super.
23 June 2022
Superannuation Legislation update - 23 June 2022
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APRA extends data submission dates; AIST makes submission on AUSTRAC customer identification guidance; Tax Institute prepares brief for new Federal Government; Super rises 22.5% since start of pandemic – ABS; Audit finds CSC governance ‘largely effective’; Human Rights Commission makes elder abuse resources available; Squirrel Superannuation fined $55,000.
21 June 2022
AIST welcomes the proposed updated guidance from AUSTRAC on Assisting customers who don’t have conventional identification. AIST has sought clarity on several issues relating to the impact of the proposed draft guidance on Know Your Client processes.
16 June 2022
Superannuation Legislation update - 16 June 2022
ASIC releases information on how to avoid ‘greenwashing’ in superannuation; ASIC remakes relief on PDSs, superannuation dashboards and FSGs; APRA publishes new set of FAQs on the Your Future, Your Super package performance test; Website disclosure toolkit updated; $1.7 million penalty for defective disclosure statements
15 June 2022
The Australian Institute of Superannuation Trustees (AIST) is pleased to announce that Caroline Stuart from TelstraSuper has won the 2022 AIST Rising Star Award.
09 June 2022
Superannuation Legislation update - 9 June 2022
ASIC releases draft costs and levies; Insurance in Superannuation standard registered and published; Spaceship Capital director banned for two years; Superannuation entitlements adjusted – family law; APRA delays SPS 310 amendments; AIST’s weekly update on the status of legislation
07 June 2022
The Australian Institute of Superannuation Trustees (AIST) is looking forward to building a strong working relationship with new Shadow Minister for Financial Services Stuart Robert as it seeks support for policies that help millions of working Australians with their superannuation.
03 June 2022
This submission provides feedback to Treasury on its review into financial advice. The review seeks to examine how the regulatory framework can better enable the provision of high quality, accessible and affordable financial advice.