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News, insights and resources as they unfold. Stay up-to-date with the issues affecting super.
29 November 2022
Two Bills impacting superannuation passed the Senate on 28 November 2022.
Read
14 November 2022
APRA has released a discussion paper on financial resources for risk events in superannuation. APRA proposes to replace the existing Prudential Standard SPS 114 Operational Risk Financial Requirement (SPS 114) with enhanced obligations for trustees.
25 October 2022
The 2022-2023 Federal Budget is designed to address the rising cost of living, invest in a stronger more modern economy and re-target spending. The Federal Government made no major announcements about superannuation in its Budget.
11 October 2022
Amendments to the Telecommuncations Regulations have been made that allow telecommunications carriers and carriage services providers to disclose certain customer data in limited circumstances have been registered. This follows the Government's announcement last week of their intention to make these regulations. These amendments come into effect on 12 October 2022.
10 October 2022
AUSTRAC has released the following statement to help entities that have anti-money laundering obligations understand and manage potential heightened money laundering, terrorism financing and other serious crime risks as a result of the Optus data breach.
20 September 2022
At AIST's request APRA has considered the impact of the unplanned national public holiday on Thursday 22 September on entities' ability to lodge reports due on 30 September.
07 September 2022
Earlier today Treasury issued a consultation paper seeking feedback on any unintended consequences and implementation issues that have arisen from application of the Your Future, Your Super (YFYS) reforms.
02 September 2022
The regulations outlining Annual Member Meeting Notice requirements have been registered. This follows draft regulations being released for consultation in July.
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.