Insight
Corporate watchdog maintains focus on superannuation platform advice fees
ASIC Report 833 Safeguarding super: How well are platform trustees monitoring risks to retirement savings?, released 29 June 2026, sets out ASIC’s observations following an assessment of six trustees that operate superannuation platform products.
02 July 2026
Insight
Federal Budget 2026-27: Superannuation
High-risk superannuation arrangements and managed investment schemes will be subject to increased scrutiny, supported by $17.8 million in funding to strengthen governance, supervision, and enforcement of managed investment schemes, together with a further $86.3 million committed to delivering Phase 2 of the Counter Fraud Strategy, which will enhance the ATO's capacity to detect and prevent fraud. In addition, legislation passed earlier this year to increase taxation of high superannuation balances is expected to generate an additional $20 million in revenue.
12 May 2026
Insight
Treasury’s post Shield and First Guardian reforms: key implications for superannuation trustees
Following the Shield and First Guardian fund collapses, Treasury has released two April 2026 consultation papers signalling the Government’s intention to strengthen consumer protections across the superannuation and financial services sectors. The consultations propose enhanced responsibilities for superannuation trustees and other industry participants to reduce member harm and tighten accountability. The proposed reforms range from platform governance and superannuation switching, through to advice-fee deductions, lead generation, hawking, conflicted remuneration, advertising and redress mechanisms.
13 April 2026