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ARTICLE · 10 AUGUST 2022

Superannuation Monthly Update – July 2022

Holding Redlich
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Latest updates relating to the superannuation industry – regulations & laws.

AustraliaEmployment and HR
Luke Hooper
Luke Hooper
Michael O'Connor
Michael O'Connor
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h2>Regulatory updates

ASIC Regulatory Guide 276 Superannuation forecasts: Calculators and retirement estimates (5 July 2022)

ASIC released Regulatory Guide RG 276 Superannuation forecasts: Calculators and retirement estimates (RG 276) outlining its interpretation of ASIC Corporations (Superannuation Calculators and Retirement Estimates) Instrument 2022/603 (Instrument 2022/603). Instrument 2022/603 provides conditional AFS licensing relief for trustees who provide retirement estimates and superannuation calculators. RG 276 provides guidance as to how trustees can meet the requirements of Instrument 2022/603, including:

  • how the Instrument 2022/603 relief applies
  • how to present and disclosure forecasts

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This publication does not deal with every important topic or change in law and is not intended to be relied upon as a substitute for legal or other advice that may be relevant to the reader's specific circumstances. If you have found this publication of interest and would like to know more or wish to obtain legal advice relevant to your circumstances please contact one of the named individuals listed.

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