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Changes to Regulatory Guide 256
Insight 07 Dec 2020

ASIC has released a first-round consultation paper on proposed changes to Regulatory Guide 256: Client Review and Remediation Conducted by Advice Licensees. The proposed changes are substantial, and will apply to new entities including super fund trustees. ...

Insurance sector reform under the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020
Insight 30 Nov 2020

After several months of delay due to COVID-19, the Bill implements a large number of the Hayne Royal Commission recommendations, and in particular picks up several of the recommendations that are aimed at reforming the insurance sector. ...

Your guide to the 'Your Future, Your Super' package reforms
Insight 27 Nov 2020

Consultation is now open on the Government's 'Your Future, Your Super' package. As foreshadowed on Budget night, the package seeks to make three key changes to the current superannuation regulatory regime. ...

A 'single default account' - your superannuation follows you
Insight 27 Nov 2020

The exposure draft legislation released yesterday for a 'single default account' aims to limit 'the creation of multiple superannuation accounts for employees who do not choose a superannuation fund when they start a new job'. ...

Retirement Income Review
Insight 23 Nov 2020

Our key takeaways from the Government's Retirement Income Review (with a focus on the superannuation implications). ...

The health and economic crisis shines a spotlight on the need for greater social and affordable housing
Insight 20 Nov 2020

The pandemic has laid bare Australia's overextended and under-invested social and affordable housing market. We look at some of the investment initiatives that have been pursued to date by the state governments. We  also suggest some regulatory and planning changes that can be made. ...

APRA's revised Prudential Standard CPS 511 on remuneration frameworks and incentives for ADIs, superannuation funds and insurers
Insight 16 Nov 2020

After 17 months of consultation and internal review, APRA has released its revised draft prudential standard on remuneration (CPS 511) seeking to regulate incentive structures across all APRA-regulated entities. ...

Government introduces the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020
Insight 13 Nov 2020

The government yesterday introduced into Parliament the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020 to implement a large number of the Hayne Royal Commission recommendations. Many provisions have a start date of 1 January 2021, and some don't have a transition period. ...

Build-to-rent: stimulating recovery, ensuring resilience
Insight 09 Nov 2020

Build-to-Rent (BTR) helps drive economic productivity, and with the right government intervention, could not only play a key role in Australia’s economic recovery from COVID-19, but also ensure the future liveability and resilience of our cities. ...

Funds and institutional investors: a pivotal role in the infrastructure-led recovery
Insight 27 Oct 2020

Funds and institutional investors are uniquely positioned to play a pivotal role in this recovery and to respond to the disruption and opportunities that have been presented in infrastructure. ...

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