From www.khq.com.au: Developments in Australian financial and superannuation law, including a Federal Court ruling imposing a $10.5 million penalty for greenwashing violations by LGSS Pty Ltd.

APRA announced minor amendments to superannuation reporting standards, and the ASIC highlighted instances of poor superannuation advice by financial advisers, prompting regulatory actions.

Treasury has released exposure drafts for ‘payday super’ legislation aimed at requiring employers to pay superannuation simultaneously with salaries, with a consultation period ending on April 11, 2025.

Filed under: Superannuation