News : Regulation

Super performance test to be reviewed

May 11, 2026

A government review of the super performance test is aiming to broaden the scope of products examined, but also what funds can invest in.

May 7, 2026

ASIC has suggested banning unlicensed superannuation communications is the best way to avoid repeats of the Shield and First Guardian collapses.

April 23, 2026

The stability of LRBAs has been understated, with ATO statistics demonstrating the market is mature and does not represent a high risk.

April 16, 2026

The lodgement of a manual tax return shortly before 30 June will not necessarily accelerate the process of an SMSF wind-up.

April 16, 2026

Super fund members over 65 should be offered preset income streams to deal with the slow movement of some retirees in pension phase.

March 17, 2026

SMSFs will not be subject to contribution allocation rules under Payday Super that apply to large funds and will have a longer window to act.

March 5, 2026

The commutation of defined benefit interests after the Division 296 tax is implemented could result in members being caught by the new impost.

March 5, 2026

The Division 296 cost base adjustment will be locked to an SMSF and will be unable to follow members if they leave under certain circumstances.

March 5, 2026

SMSF trustees who have been declared bankrupt are required to relinquish any involvement in their superannuation fund.

March 2, 2026

AFCA has stated its view that SMSFs are wholesale investors is based squarely on the law and it has yet to see a viable counterargument.