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23 September 2021
Get the latest on superannuation legislation awaiting passage, in consultation and passed.
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Treasury clarifies issues on DDO and stapling; APRA finalise reporting standards; ASIC releases anti-hawking guidance; Standard guidance on insurance in superannuation; Common ownership inquiry drills down on super; Financial adviser numbers hit five year low: Rainmaker; AIST’s weekly update on the status of legislation
16 September 2021
Performance test, stapling, data transformation, early release & more
09 September 2021
Legislation update - 9 September 2021
AIST calls on government to address concerns on new disclosure requirements; ASIC publishes guidance on breach reporting; APRA Connect goes live; ATO issues warning on newly-opened accounts; Colonia First State liable for misleading super members; APRA’s Climate Vulnerability Assessments could be extended to super and insurance; APRA stakeholders raise concerns about the cost burden of regulation
02 September 2021
Legislation update - 2 September 2021
Review of occupational exclusions in default insurance in MySuper products; APRA open to tweaking benchmarks used in performance test; New law will make it easier for victim-survivors of family violence to get their fair share of super entitlements; More work needed on internal dispute resolution: ASIC; Government releases Financial Accountability Regime Bill for consultation;
26 August 2021
APRA performance test update; Design and distribution obligations notification requirements; ATO alert on suspicious activity with SuperMatch; Westpac subsidiaries to pay $10.5 million penalty for breaches of best interests duty; Insurance, intra-fund advice, misconduct and communications to be key ASIC priorities in super;
Legislation update - 26 August 2021