On 30 June 2026, the Australian Prudential Regulation Authority (APRA) published the findings of its inaugural System Risk Stress Test (SRST), which focused on links between the banking and superannuation system. The SRST took place last year and covered four major banks and six large superannuation funds and examined how a
On 29 June 2026, the Australian Securities and Investments Commission (ASIC) issued Report 833 – Safeguarding super: How well are platform trustees monitoring risks to retirement savings?
ASIC and the Australian Prudential Regulation Authority have been concerned about gaps in trustees’ oversight of advisers, advice licensees and investments that are made available to
On 10 June 2026, the Australian Securities and Investments Commission (ASIC) issued Report 831 ‘Delivering on death benefits: Have super trustees stepped up?’ (REP 831).
Background
In November 2024, ASIC made a commitment to check in on the progress all superannuation trustees were making in improving their death benefit claims handling
On 31 March 2026, the Australian Prudential Regulation Authority (APRA) issued its response paper finalising amendments to the capital treatment for longevity products.
Background
The response document follows two rounds of consultation that took place in June 2025 and October 2025.
The response document includes an attachment which summarises the key changes to
On 27 March 2026, the Australian Treasury published for comment an exposure draft of the Corporations Amendment (Ban on Advertising Superannuation Funds During Onboarding) Regulations 2026 (Cth) (draft Regulations). The draft Regulations amend the Corporations Regulations 2001 (Cth) to support the amendments to the Corporations Act 2001 (Cth) made by the Treasury Laws
On 25 March 2026, the Australian Prudential Regulation Authority (APRA) and the Australian Taxation Office (ATO) issued a letter to Registerable Superannuation Entity (RSE) licensees regarding the commencement of Payday Super on 1 July 2026.
The letter sets out the ATO’s and APRA’s roles in the implementation of Payday
On 25 March 2026, the Financial Conduct Authority (FCA) issued Consultation Paper 26/10: Simplifying the pensions and investment advice rules (CP26/10).
With the targeted support rules now in place, the FCA is focussing on completing its outstanding policy work so that the market can develop and deliver a wide range of
On 23 March 2026, the Australian Prudential Regulation Authority (APRA) issued a consultation on the implementation of the Retirement Reporting Framework (the Framework).
Background
In November 2024, the Government announced a package of reforms in response to feedback on the superannuation in retirement consultation. This included the introduction of a new reporting
On 17 March 2026, the Australian Treasury published the Building a Stronger and Fairer Super System Act 2026 – Draft Regulations (Draft Regulations) that supplement the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Act 2026 (the Amending Act) and the Superannuation (Building a Stronger and Fairer Super System) Imposition