APRA focus areas 2023

APRA focus areas 2023

APRA has announced its policy and supervision priorities for the coming year with a heavy focus on superannuation. APRA (Australian Prudential Regulation Authority) has recently released its policy and supervision priorities for 2023. For the superannuation space,...
Future of superannuation

Future of superannuation

In a recent address, the Assistant Treasurer and Minister for Financial Services, Stephen Jones, outlined the changes the government will be pursuing in terms of superannuation in the future. From its beginnings in 1992, superannuation collectively has become a...
Financial adviser standards to be relaxed?

Financial adviser standards to be relaxed?

In response to “industry concerns”, the government is seeking to relax some aspects of financial adviser standards for existing and new entrants. As a part of its election promises based on industry “concerns”, Labor announced that, if elected, it would make changes...
ASIC focus on super complaints handling

ASIC focus on super complaints handling

ASIC’s recent surveillance of superannuation trustees found some significant issues with complaints handling. The Australian Securities and Investments Commission (ASIC) is the body responsible for overseeing the operation of Australia’s financial services dispute...