superannuation and pensions

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 23 February 2026, the Australian Treasury issued guidance on best practice principles for superannuation retirement income solutions (the Principles).

Background

Registrable superannuation entities (trustees) have a legal obligation under the Retirement Income Covenant (Covenant) to have a retirement income strategy that assists members in and approaching retirement