Submissions

  • Improving Accountability and Member Outcomes in Superannuation

    Posted: August 2017

    ISA appreciates the opportunity to provide comment on the Treasury's exposure draft legislation and associated draft explanatory material released by the Minister of Financial Services regarding Improving Accountability and Member Outcomes in Superannuation.

    On face value the high level objectives of the bill seem quite reasonable, but regrettably this reform package requires significant amend...

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  • Housing Affordability and Related Superannuation Measures

    Posted: August 2017

    The proposed First Home Super Saver Scheme (FHSS) announced in the 2017 federal budget will put retirement savings at risk and possibly drive up housing demand.

    Industry Super Australia, in its submission to Treasury's Draft Legislation on Housing Affordability and Related Superannuation Measures, has argued that, in guaranteeing returns through the use of the shortfall interest charge, the FH...

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  • Future of Financial Advice - Post Implementation Review

    Posted: June 2017

    ISA and AIST appreciate the opportunity to provide comment to Treasury’s Consultation Paper, as part of the Post Implementation Review on the regulatory impact of Future of Financial Advice (FoFA) reforms. The Consultation Paper states that the aim of the review is “to help the delivery of efficient regulatory outcomes and prevent unnecessary red-tape”.

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  • Warning Signs:Tightening the Belt on Sharp Corporate Practices

    Posted: June 2017

    ISA's submission to the consultation paper jointly prepared by Treasury and the Department of Employment - 'Reforms to address corporate misuse of the Fair Entitlement Guarantee scheme'.

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  • Improving dispute resolution in the finance system

    Posted: June 2017

    AIST and ISA joint submission to comment on the consultation paper ‘Improving dispute resolution in the financial system’ released 17 May 2017 and related proposed statutory changes incorporated in the:

    1. Treasury Laws Amendment (External Dispute Resolution) Bill 2017 and accompanying explanatory memorandum; and the

    2. Treasury Laws Amendment (External Dispute Resolution) Regulations 2017

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