YFYS superannuation review outcome
/The review aimed to identify unintended consequences of laws leading to poor outcomes for members, with a report published with its findings.
Read MoreFund Regulatory Update
/AFSL Group has AFSL cancelled
Quantum Funds Management AFSL suspended
ASIC takes civil action against American Express over DDO obligations with David Jones credit cards
Vanguard receives infringement notices from ASIC over greenwashing
Australian Fiduciaries has interim stop orders put on three funds
APS Savings interim stop order in place
YFYS faith-based super funds performance test leniency removed
Crescent Wealth breaches regulatory standards with misrepresented indirect costs
Interim stop orders on two Perpetual funds
Risk Regulatory Update
/FPA updates Professional Code
ASIC industry funding model discussion paper released
Family violence exemptions for insurers
YFYS review begins
ASIC review of non-disclosure ‘fishing’ in TPD cover continues
Treasury releases Quality of Advice Review proposal
AFA and FPA discussing merger
50% pass rate for July and August adviser exams
Fund Regulatory Update
/APRA releases YFYS performance results
Risk Regulatory Update
/APRA to offer greater transparency in life and general insurance data
Life insurance code of practice up for public scrutiny
Advice industry opposes CSLR
FSC initiates consultation on occupational exclusions in MySuper insurance
Fund Regulatory Update
/FSC launches Women in Investment Management Charter
Multiple super account numbers down but still $3.6 billion in unclaimed super remains
YFYS regulations released
Fund Regulatory Update
/YFYS performance tests modified for better member outcomes
ACSI updates climate change policy
APRA publishes FAQ for the Superannuation Data Transformation Phase 1 reporting standards
APRA releases draft guidelines on how to manage ESG risk
