There were several significant developments in October, with the Government releasing a much-anticipated consultation proposing to require employers to pay SG contributions at the same time as their employee’s wages.

Additionally, the Australian Accounting Standards Board released an Exposure Draft outlining the proposed data collections for climate-related financial disclosures. This will be particularly significant for superannuation trustees as both disclosing entities and consumers of such reporting.

Finally, ASIC introduced some minor exemptions for the reportable situations regime, whilst also releasing the second edition of key insights into the regime.   

Jonathan Steffanoni - Managing Partner
QMV Legal

ABOUT QMV

QMV provides independent advisory, consulting, legal services and technology to superannuation, wealth management, banking and insurance organisations. 

Like what you see? Please subscribe to receive original QMV content! 

You may also benefit from our free monthly pensions and superannuation regulatory updates.