1-10 of 173 results

Joint ASIC and APRA letter to superannuation trustees, on the impact of COVID-19
Insight 02 Apr 2020

It has been a week since we published our first article on the impact of COVID-19 on superannuation. Since then, we have continued to witness (from home) the turmoil caused by the virus, both in ...

Impact of COVID-19 on superannuation
Insight 25 Mar 2020

Like all industries, the superannuation industry is facing some immense challenges in light of the rapidly developing COVID-19 pandemic. Key among those challenges will be dealing with the fallout ...

ASIC Report 639: Why not…review and remediate?
Insight 13 Dec 2019

ASIC Report 639 Financial advice by superannuation funds was published on 3 December. It examines the ways in which superannuation funds provide financial advice to members and the overall quality of personal financial advice obtained through funds. ...

Disclosure of fees and costs and new RG 97
Insight 13 Dec 2019

Anyone with even a passing professional interest in superannuation and funds will be familiar with 'RG 97'. For the last five years or so, the industry has been struggling to make sense of what information is required to be disclosed in a PDS and periodic statement for a superannuation fund or managed investment scheme. ASIC promised a 'facilitative approach' to supervision and Darren McShane (an independent expert) was appointed by ASIC to make recommendations to improve the regime. ...

Superannuation trustees get prepared, as first reporting date to disclose portfolio holdings approaches
Insight 08 Aug 2019

After many years of deferrals, the first reporting date for superannuation funds to disclose their portfolio holdings is fast approaching, with trustees being required to disclose item-by-item ...

DDO and PYS - two cases of madness
Insight 21 Jun 2019

As a lawyer working in the field of financial regulation, I have become pretty inured to said regulation producing weird, unintended outcomes. Even so, there are two outcomes produced by recently ...

APRA's guidance on the Protecting Your Super changes
Insight 16 May 2019

Written by Senior Regulatory Counsel Michael Mathieson On 8 May, APRA released its answers to some 'frequently asked questions' about the Protecting Your Super changes. I would politely suggest tha ...

Compensating superannuation members for 'fees for no advice'
Insight 16 May 2019

Written by Partner Michelle Levy APRA and ASIC issued a joint letter to all RSE licensees entitled ' Oversight of fees charged to members' superannuation accounts ' in early April. The letter is in ...

AFCA: The first six months - and the year ahead
Insight 17 Apr 2019

Written by Partner Andrew Maher, Senior Associate Ingrid Weinberg and Lawyer Zoe Chapman The Australian Financial Complaints Authority ( AFCA ), the new 'one-stop-shop' for resolving financial ...

Considering Robo-advice
Insight 17 Apr 2019

Written by Partner Simun Soljo and Senior Associate George Blades ...

Refine

From
To