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ARTICLE · 11 FEBRUARY 2021

Superannuation monthly update – Regulator updates, Legislation, Cases and other recent developments

Holding Redlich
Holding Redlich
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Holding Redlich

Holding Redlich

Holding Redlich is a large national commercial firm with offices in Melbourne, Canberra, Sydney,...

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This update links to recent regulator updates (ATO, ASIC and APRA), legislation, and cases relating to superannuation.

AustraliaFinance and Banking
Luke Hooper
Luke Hooper
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Regulator updates

ASIC Regulatory Guide RG 274 Product design and distribution obligations (11 December 2020)

ASIC released its finalised Regulatory Guide (RG 274) outlining its interpretation of the Product Design and Distribution Obligations (DDO Rules), which is due to commence in October 2021, and its expectations for compliance and general approach to administering the obligations.

RG 274 outlines:

  • coverage of the product design and distribution obligations
  • product governance arrangements
  • target market determination requirements
  • distribution requirements
  • ASIC's administration of the DDO Rules.

Our thoughts

If you would like to learn more, click here to watch our previous webinar on the DDO Rules or contact us for a discussion.

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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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