The Super Brief | December 2024

 

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There was a flurry of law-making during Parliament’s last sitting week of 2024, with no less than half a dozen superannuation related Bills passed.

APRA and ASIC used multiple speeches to highlight their focus on asset valuations, retirement income strategies, fund expenditure, and member services. The latter is a clear priority, with ASIC commencing an enforcement action and writing to all trustees to demand improvements to claims and benefit handling.

Jack Allen
Lawyer

 
 
 
Jack Allen