The Super Brief | September 2024

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The superannuation system continues to attract political attention, with legislative and regulatory activity initiated in relation to trustees with a relationship with CFMEU related entities that are the subject of allegations of misconduct.

Greenwashing enforcement activity remains prominent, with an important decision in the Federal Court and an update from ASIC on its enforcement activity.

As always, there were also technical but important changes. These involved transfer balance cap reporting and the formalisation of previously announced CPS230 transition relief for trustees of smaller funds.

Jonathan Steffanoni
Managing Partner