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News, insights and resources as they unfold. Stay up-to-date with the issues affecting super.
06 September 2022
It’s great to be back in Brisbane, in the state where I grew up. In fact I went to university right across the river, at QUT. My law degree I completed at the Gardens Point Campus on the lands of the Turbal and Yugara people.
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Aware Super Board Director Roslyn Ramwell has been named the Australian Institute of Superannuation Trustees (AIST) Trustee of the Year for 2022.
02 September 2022
The regulations outlining Annual Member Meeting Notice requirements have been registered. This follows draft regulations being released for consultation in July.
01 September 2022
Superannuation Legislation update - 1 September 2022
Treasury releases Quality of Advice Review reform proposals; Five MySuper products fail second performance test; ASIC calls for improvement in target market determinations; APRA releases data transformation response paper; Cyber security threat to Australia increases; Review finds ASIC has scope to improve performance; MobiSuper entities fined over promotion failures
30 August 2022
Treasury has released for consultation Quality of Advice Review – Proposals for Reform. Submissions are due 23 September.
29 August 2022
As part of ASIC's 2022-26 Corporate Plan commitment to focusing on compliance with the design and distribution obligations, the regulator has called on trustees to review and improve the effectiveness of their target market determinations (TMDs) after a sample review found some poor practices.
25 August 2022
Superannuation Legislation update - 25 August 2022
Government commits to super on paid parental leave when affordable; HESTA research shows ‘life changing’ impact of super on paid parental leave; Super assets fall to $3.3 trillion at 30 June 2022; ATO to expand single touch payroll data; Retirement planning a focus for ASIC as population ages; Super fund CEOS discuss use of data to meet retirement challenges; etc.
23 August 2022
AIST understands the intention of the Government to allow the Australian Prudential Regulation Authority to consider the religious affiliation of a super fund when applying the annual performance test in accordance with its election promise.