Superannuation & Financial Services Articles

KHQ News & Insights

Super Alert – 17 December 2021

Welcome to the last issue of the KHQ Super Alert for 2021. This week, APRA released its choice and MySuper product heatmaps and ASIC urged trustees who provide default income protection insurance to ensure that they are having a positive effect on member outcomes. The ATO also requested trustees to keep the ATO informed during … Read more

KHQ Super Alert – 10 December 2021

Welcome to the latest issue of the KHQ Super Alert. This week, the Supreme Court of Victoria handed down two decisions relating to trustee remuneration. Also, ASIC launched its new Financial Advice Hub and the Federal Government’s Productivity Commission released its research paper on wealth transfers.  Supreme Court of Victoria – Trustee remuneration On 7 … Read more

Super Alert – 3 December 2021

Welcome to the latest issue of the KHQ Super Alert, which might break records for the most news items we have ever reported on in one week! Among other things, ASIC published an article detailing its 2021-22 priorities in relation to regulating conduct within the superannuation industry and also published guidance and examples in relation … Read more

Super Alert – 26 November 2021

Welcome to the latest issue of the KHQ Super Alert. This week, APRA released a discussion paper on financial resilience, and its Deputy Chair, Helen Rowell, delivered a speech calling for greater innovation to improve post-retirement outcomes. Treasury published a report reviewing AFCA’s effectiveness and also released draft exposure legislation in relation to modernising business … Read more

Super Alert – 19 November 2021

Welcome to the latest issue of the KHQ Super Alert. This week, APRA published its finalised revision of SPS 250 Insurance in Superannuation and SPG 250 Insurance in Superannuation, while ASIC has commenced consultations in relation to consumer remediation and superannuation retirement calculators. The Attorney-General’s Department also issued a media release in relation to the … Read more

Super Alert – 12 November 2021

Welcome to the latest issue of the KHQ Super Alert. This week, regulations to support the portfolio holdings disclosure rules were registered and ASIC published guidance for advisers in relation to records of advice. APRA updated its FAQs in relation to the Superannuation Data Transformation project and also issued a media release encouraging super members … Read more

Super Alert – 29 October 2021

Welcome to the latest issue of the KHQ Super Alert. The news item of note this week is that the much-anticipated Bill to implement the Financial Accountability Regime has been introduced into Parliament. Also, APRA released its initial views in relation to the performance of choice products (ahead of its Choice Product Heatmap) and some … Read more