Media releases
2019
Doing more to reunite Australians with their lost and forgotten super
The Morrison Government will build on its record of protecting and reuniting Australians with their lost and forgotten super with legislation to facilitate the exit of eligible rollover funds (ERFs
Appointment – Director – Financial Adviser Standards and Ethics Authority
The Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator the Hon Jane Hume, today announced that she has appointed Mr Will Hamilton as a part-time Director to
Consumer advocacy body for superannuation expression of interest
The Morrison Government is continuing to put the interests of superannuation consumers first by today taking the first step towards establishing a consumer advocacy body for superannuation.
Taking action on the Banking, Superannuation and Financial Services Royal Commission - Recommendation 2.4: Grandfathered commissions
Consumers will benefit from lower fees following the removal of conflicted remuneration for financial advice after the Coalition Government passed new laws through the Parliament yesterday, ending
Taking action on the Banking, Superannuation & Financial Services Industry Royal Commission – Recommendation 2.10: New financial adviser disciplinary system
The Morrison Government is accelerating the establishment of a new disciplinary system and single disciplinary body for financial advisers as recommended by the Royal Commission into Misconduct in
Review of the retirement income system
The Coalition Government is continuing to ensure Australians are well-supported during their retirement by today commissioning an independent review of the retirement income system.
Government passes legislation to protect low balance and young superannuation members
The retirement savings of Australians will be protected from inappropriate insurance with the passage of legislation through the Parliament today.
Extending the superannuation guarantee amnesty to reunite members with unpaid super
The Morrison Government is taking action to help hardworking Australians receive the superannuation they have earned.
Taking action on the Banking, Superannuation and Financial Services Royal Commission - Recommendation 2.4: Grandfathered Commissions
The Coalition Government yesterday passed legislation through the House of Representatives to end the payment of grandfathered conflicted remuneration to financial advisers.
Reforms to professional standards for financial advisers
The Morrison Government is committed to restoring trust and confidence in Australia's financial system, as part of its plan for a stronger economy.
Taking action on the Banking, Superannuation and Financial Services Royal Commission - Recommendation 2.4: Grandfathered Commissions
The Coalition Government will introduce legislation on Thursday to ban the grandfathering of conflicted remuneration paid to financial advisers.
SMSF rollovers in SuperStream to be deferred
The Morrison Government is proceeding with the deferral of the extension of SuperStream to self-managed superannuation fund (SMSF) rollovers from 30 November 2019 to 31 March 2021.
New measures to protect your superannuation: commencing 1 July 2019
The Morrison Government is delivering on its commitment to put the interests of superannuation members first.