ASIC reminds trustees to be responsible, accountable and transparent in implementing regulatory obligations.
Trustees should check that investment option labels support consumer understanding of features and risks.
ASICs expectations for trustees around portfolio holdings and fees and costs disclosure.
Questions for trustees to consider
ASIC reminds trustees to reflect on their obligations
An overview of what’s ahead for trustees
Putting the record straight
ASIC outlines what trustees must do to comply
What trustees need to know about changes to their obligations
Trustees should harness their data to improve the insurance they provide to members.
Changes to financial service licensing for superannuation trustees, and ASIC’s expanded role and powers.
Intra-fund advice has no special status over other personal advice.
Working with industry to drive better performance and deliver for members
Super funds benefit with strong protective whistleblower policies.
Providing greater clarity on obligations of superannuation and managed investment product issuers.