FSC Policy Update - Issue 53. June 28
Welcome to Issue 53 of the FSC Policy Update. Parliament sat for two weeks in June and passed three separate pieces of superannuation legislation, including the ‘Your Future, Your Super’, ‘More Flexible Super’ and ‘SMSF’ Bills. Their passage represents a win for the Government, given the hard-fought nature of the reforms, and will result in significant reform to the superannuation, funds management and life insurance sectors.
FSC Policy Update - Issue 52. May 31
Welcome to Issue 52 of the FSC Policy Update. Parliament is in the middle of an extended period of sitting over May and June before a long winter recess that runs from the end of June until early August.
FSC Policy Update - Issue 51. May 3
Welcome to Issue 51 of the FSC Policy Update. The Government released the draft regulations for the ‘Your Future, Your Super’ package, completing the picture on the most significant overhaul of the superannuation since the Stronger Super reforms.
FSC Policy Update - Issue 50. April 6
Welcome to Issue 50 of the FSC Policy Update. In 2021, this member briefing on the main legislative and regulatory changes across the financial services industry will be issued monthly. Parliament has entered an extended break before the release of the Federal Budget, which will be handed down on Tuesday 11 May.
FSC Policy Update - Issue 49. March 8
Welcome to Issue 49 of the FSC Policy Update. In 2021, this member briefing on the main legislative and regulatory changes across the financial services industry will be issued monthly. Parliament resumed for the last two weeks of February and there was progress on a range of outstanding policy issues. The Parliament passed the Royal Commission bill implementing the annual renewal recommendations, the Government introduced its ‘Your Future, Your Super’ reforms to the House of Representatives, but had not yet released the crucial Regulations, and a review into AFCA was commenced.
FSC Policy Update - Issue 48. February 8
Welcome to Issue 48 of the FSC Policy Update. In 2021, this member briefing on the main legislative and regulatory changes across the financial services industry will be issued monthly. The new Design and Distribution Obligations (DDO) commence in October this year. I provide an update here on work the FSC is doing to prepare template Target Market Determinations (TMDs).