Topic
Superannuation
113 published works
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…
Allens Insights
Unravelled: Retirement income covenant
By Allens
To 'guide trustees' 8 min read Three years after the Federal Budget first announced a proposed 'retirement income covenant', the proposal has inched one step closer to reality. Treasury has…
Bright Law Blog
New financial reporting obligations on registrable superannuation entities
Treasury has released a draft Treasury Laws Amendment (Financial Reporting and Auditing Requirements for Registrable Superannuation Entities) Bill 2021 which will impose financial reporting obligations on registrable superannuation entities that…
Allens Insights
E&S2: 1 July 2021 increases
By Allens
In brief 3 min read The minimum wage, high income threshold and superannuation guarantee rate are all set to increase on 1 July 2021. Minimum wage increase From 1 July…
Bright Law Blog
Superannuation fund governance changes
The Treasury Laws Amendment (Your Future, Your Super) Act 2021 commenced on 23 June 2021. It amends the Superannuation Industry (Supervision) Act 1993 (Cth) from 1 July 2021 to: require…
Bright Law Blog
Proposed Financial Institutions Supervisory Levies for 2021-22
Treasury has released a Discussion Paper seeking submissions on the proposed financial institutions supervisory levies for the 2021-22 financial year. The levies will be payable by authorised deposit-taking institutions, life…
Allens Insights
Federal Budget 2021-22 – Superannuation
By Allens
No significant reform to super 4 min read The 2021-22 Federal Budget delivers a spending bonanza in a possible election year with a focus on aged care, health, women and…
Global Regulation Tomorrow
Financial services monthly wrap-up: December 2020 to January 2021
By Jon Ireland, Ray Giblett (AU), Stephen Putnins, Laura Taylor, Timothy Chan (AU)
The months of December 2020 and January 2021 have been a busy time in the funds management, superannuation and insurance sector. In particular, ASIC has released its final Regulatory Guide…
Bright Law Blog
Case note: High Court defines “personal advice”
In Westpac Securities Administration Ltd & Anor v Australian Securities and Investments Commission [2021] HCA 3 the High Court of Australia dismissed Westpac’s appeal against the Federal Court Full Court’s…
Bright Law Blog
APRA consultation on prudential standard governing insurance in superannuation
The Australian Prudential Regulation Authority (APRA) has commenced further consultation on revisions to Prudential Standard SPS 250 Insurance in Superannuation (SPS 250). APRA has released a new draft of SPS…