ARTICLE · 29 JULY 2009

Superannuation & Funds Management Update

DLA Piper Australia

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On Thursday, 9 July 2009, ASIC issued Class Order Relief permitting superannuation fund trustees and financial advisers to give more information and advice (intra fund advice) to members about their existing interests in their superannuation funds.

AustraliaEmployment and HR

Keith Nathan

On Thursday, 9 July 2009, ASIC issued Class Order Relief permitting superannuation fund trustees and financial advisers to give more information and advice (intra fund advice) to members about their existing interests in their superannuation funds. This was achieved by granting superannuation fund trustees relief from the requirements of section 945A of the Corporations Act 2001 when giving personal advice to members on intra fund issues.

We attach links to the following documents related to this announcement:

ASIC Media Release dated 9 July 2009, click here.
ASIC Regulatory Guide 200 – Advice to super fund members, click here.
ASIC Class Order [CO 09/210] – Intra-fund superannuation advice, click here.

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