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ARTICLE · 13 APRIL 2022

Superannuation monthly update – Regulatory 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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Regulatory and legislative updates, cases and other recent developments in superannuation.

AustraliaFinance and Banking

Regulatory Updates

ASIC cyber security statement (1 March 2022)

In light of the Ukraine conflict, ASIC advised trustees to follow the Australian Cyber Security Centre's warning to adopt an enhanced cyber security posture, including:

  • reviewing and enhancing detection, mitigation, and response measures
  • logging and detecting systems are fully updated and functioning and apply additional monitoring of networks where required
  • assess preparedness to respond to any cyber security incidents and review incident responses and business continuity plans.

APRA quarterly superannuation statistics (1 March 2022)

APRA released its 'Quarterly Superannuation Performance Report' (Performance Report) and 'Quarterly MySuper Statistics Report' (MySuper Report) for the December 2021 quarter.

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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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