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News, insights and resources as they unfold.
Stay up-to-date with the issues affecting super.
24 December 2021
AIST supports the redrafted regulations and recommends the scheme be expanded to improve eligibility and equity which may help many Australians to recoup some of the retirement savings drawn down in 2020.
22 December 2021
AIST supports the principles of accountability, responsibility, and transparency which underpin the proposed Financial Accountability Regime. Improvements can be made to the Regime, including clarifying the definition of a “material contravention” and developing a facility to enable accountable entities to check if potential accountable person candidates have been deregistered.
03 December 2021
AIST welcomes the House of Representatives Standing Committee on Indigenous Affairs consultation into how the corporate sector establishes models of best practice to foster better engagement with Aboriginal and Torres Strait Islander consumers.
24 November 2021
AIST strongly supports the objectives and solid data-driven insights of WGEA to date and would like to see WGEA’s role and powers expanded to drive greater outcomes in gender equality.
15 October 2021
AIST supports a principles-based retirement income covenant, but strongly urges that associated financial advice issues be addressed.
14 October 2021
AIST supports a legislated prohibition on occupational exclusions in the default insurance cover of MySuper products, and for specific and immediate steps to be taken to protect the interests of members working in hazardous occupations.
AIST supports a legislated prohibition on occupational exclusions in the default insurance cover of MySuper products, and for specific and immediate steps to be taken to protect the interests of members in hazardous occupations.
13 September 2021
AIST supports the policy intent of improving transparency and compliance but does not support the legislation in its current form. Other changes introduced by the Government better increase disclosure and accountability. The proposed changes will add significant costs that will ultimately be borne by superannuation members.
31 August 2021
AIST proposes specific changes to the Regulations to ensure disclosure does not prejudice members best financial interests. AIST calls for the value of unlisted assets to be disclosed within overlapping price dollar ranges and for the removal of further elements of derivative disclosure.
27 August 2021
Submission to Department of Home Affairs: AIST is supportive of efforts to strengthen corporate governance of cyber security risk across the economy. However, the current regulatory settings in the superannuation sector can respond to emerging cyber related governance risks.