Topic
Superannuation
113 published works
Global Regulation Tomorrow
Financial Services monthly wrap-up: May 2022
By Jon Ireland, Ray Giblett (AU), Stephen Lee, Timothy Chan (AU), Remy Michelson, Stephanie Moss
The month of May brought a lower number of material regulatory and industry updates due to the Australian federal election. ASIC cancelled the registration of a number of SMSF auditors…
Bright Law Blog
What fees can super fund trustees charge?
APRA’s discussion paper Strengthening Financial Resilience in Superannuation was triggered by the Financial Sector Reform (Royal Commission Response) Act 2020, which extends existing prohibitions in the Superannuation Industry (Supervision) Act…
Allens Insights
Our pre-election wrap of super regulatory reforms
By Allens
In 2021, APRA published its inaugural performance test findings for MySuper products. For the 13 products that failed the 2021 test, trustees will be busy grappling with the consequences –…
Global Regulation Tomorrow
Financial Services monthly wrap-up – December 2021 and January 2022
As we completed a year and ushered in a new one, the December and January period turned out to be an eventful one for the insurance, managed funds and superannuation…
Bill Madden's Blog
ART: Emptying the nest egg to fill the nursery.
By Bill Madden
Published in the UNSW Law Journal is an interesting new article by Neera Bhatia & Lily Porceddu entitled Emptying the nest egg to fill the nursery: Early release of superannuation…
Wills, Trusts & Estates Prof Blog
Article: Trustee Decision-making in the Australian Superannuation Context
Tobias Barkely recently published an article entitled, Trustee Decision-making in the Australian Superannuation Context, Wills, Trusts, & Estates Law ejournal (2021). Provided below is the abstract to the Article: The Australian…
Allens Insights
Unravelled: Retirement income covenants
By Allens
'Hatching' the retirement nest egg 10 min read The long-promised retirement income covenants are slated to come into effect on 1 July 2022. The proposed covenants are aimed at improving…
Bright Law Blog
APRA final prudential framework for insurance in superannuation
The Australian Prudential Regulation Authority (APRA) has issued Prudential Standard SPS 250 Insurance in Superannuation (SPS 250) and the accompanying Prudential Practice Guide SPG 250 Insurance in Superannuation (SPG 250)…
Bright Law Blog
Case note: misleading conduct by superannuation trustee
In the recent decision in Australian Securities and Investments Commission v Colonial First State Investments Limited [2021] FCA 1268 Colonial was ordered to pay a $20 million penalty for misleading…
Bright Law Blog
Superannuation products distribution obligations
ASIC has released an information sheet (INFO 89) for employers setting out its views how they can communicate to their employees about superannuation choices without breaking the law. It highlights…