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Top News In Superannuation Industry Today - Breaking & Trending Today

NALE changes hit Parliament

Buried in the Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2023, introduced on 13 September, is guidance on changes to NALE provisions. The governme ....

Daniel Butler , Length Expense Rules For Superannuation Fund , Small Business Energy Incentive , Treasury Laws Amendment , Small Business , Income Tax Assessment Act , Practical Compliance Guideline , Superannuation Industry , Exposure Draft , Length Expense Rules , Superannuation Fund ,

Document signing is moving with the times but caution still required

Trustees and advice professionals need to be aware of which documents can be signed electronically and which still need a wet signature despite recent amendments to legislation, said a leading advise ....

Corporations Act , Documents Act , Superannuation Industry , Electronic Transactions Act ,

Superannuation: Watchdog sues AustralianSuper over 90,000 duplicate accounts

ASIC has taken the country’s biggest super fund to court for failing to merge duplicate accounts, which cost members about $69 million. ....

Australian Prudential Regulation Authority , Superannuation Industry ,

AustralianSuper Cost Members $69 Million for Not Merging Duplicate Accounts

AustralianSuper Cost Members $69 Million for Not Merging Duplicate Accounts
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Sarah Court , Australian Prudential Regulation Authority , Investments Commission , Federal Court , Australian Securities , Chair Sarah Court , Superannuation Industry ,

ASIC sues AustralianSuper in first joint APRA/ASIC case

ASIC has sued the trustee of Australia’s largest super fund, AustralianSuper, alleging failures to address multiple member accounts affecting 90,000 members over a decade, its first case jointly with APRA. ....

Sarah Court , Australian Prudential Regulation Authority , Superannuation Industry ,