ASIC updates superannuation forecasts relief instrument
13 September 2024
ASIC has updated the default rate of nominal wage inflation in ASIC (Superannuation Calculators and Retirement Estimates) Instrument 2022/603 from 4% p.a. to 3.7% p.a. following a period of industry consultation.
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ASIC’s Corporate Plan 2024-25: Superannuation focus areas
13 September 2024
ASIC has released its Corporate Plan, which details strategic priorities for superannuation. ASIC Commissioner Simone Constant writes that now is the time for trustees to redouble their efforts to strengthen their member proposition and deliver on their commitments to help Australians prosper in retirement.
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ASIC’s Moneysmart calls on super funds to better engage millennials
2 September 2024
Moneysmart convened a roundtable of leading influential voices for millennials and their finances that is sounding the alarm for superannuation funds to lift their game and increase services, transparency, and improved access to information to better engage millennial members.
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ASIC and APRA host Superannuation CEO Roundtables
2 September 2024
APRA and ASIC have released public notes from the latest Roundtables. The theme of the Roundtables was superannuation funds as investors of members’ money.
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A guide to ‘good’: delivering better retirement outcomes and member services for Australians
14 August 2024
Speech by ASIC Commissioner Simone Constant at a joint ASIC/APRA session at the Conexus Institute Retirement Conference.
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ASIC’s first greenwashing case results in landmark $11.3 million penalty for Mercer
2 August 2024
The Federal Court has ordered Mercer Superannuation (Australia) Limited to pay a $11.3 million penalty after it admitted it made misleading statements about the sustainable nature and characteristics of some of its superannuation investment options.
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