21-30 of 204 results
New ASIC guidance on how superannuation and managed funds can avoid 'greenwashing'
Greenwashing in the promotion of managed investment and superannuation funds is one of ASIC's current corporate governance priorities as it continues to 'monitor the market … looking for misleading claims about ESG and sustainability'. ...
Continuing misrepresentations: Full Federal Court confirms an incoming insurer's right to avoid cover
In a welcome move for insurers writing group life policies for superannuation funds, the Full Federal Court in AIA v Sharma overturned the first instance decision and held that a fraudulent misrepresentation made by an insured member to an outgoing group life insurer could have continuing effect an ...
Our pre-election wrap of super regulatory reforms for 2022
Coming off a busy 18 months or so – with the number of reforms too long to count on all fingers and toes – superannuation trustees could be forgiven for wanting to take an extended holiday from regulatory change. But with Parliament prorogued ahead of the election, now is a chance for trustees to take stock of the regulatory reforms slated for 2022. In this Insight, we provide a snapshot of the key reforms. ...
What APRA's proposed changes to SPS 530 Investment Governance and findings on unlisted asset valuations mean for superannuation investments
As promised in its 2021 Policy Priorities, APRA has released its draft revised prudential standard Investment Governance (SPS 530) for RSE licenses, and the outcomes of its review of unlisted asset valuations, as part of its report titled Findings from APRA’s superannuation thematic reviews. ...
Federal Budget 2021-22 – Superannuation
Super fund trustees will likely breathe a sigh of relief that there are no new significant reforms to the superannuation system on the Government's budget agenda. ...
Key developments for APRA-regulated entities in managing climate risks
Recently released guidance from the Australian Prudential Regulation Authority (APRA) and two new barrister opinions re-emphasise the need for banks, superannuation trustees, insurers, and other organisations, to respond to, and appropriately manage, financial risks associated with climate change. ...
ASIC's Regulatory Guide 274: product design and distribution obligations
Webinar: ASIC's Regulatory Guide 274: product design and distribution obligations ...
Changes to Regulatory Guide 256
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. ...
From MySuper to YourSuper
The Government released a paper entitled 'Your Future, Your Super' setting out 'reforms to make your super work harder for you' in the 2020-21 budget. This article summarises the measures and gives our take on them. ...
The road ahead – secondaries markets in 2H 2020 and considerations for superannuation and institutional LPs
We look ahead to the green shoots in the secondaries market with expectations of increased deal activity in the second half of 2020 and discuss the thematics for superannuation and institutional LP participants over this period. ...