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Issue 856, 21 June 2022 
In this issue: 


Your Future, Your Super performance test: APRA FAQs 

APRA has published a new set of frequently asked questions (FAQs) to provide further guidance on the administration of the Your Future, Your Super performance test. 

The four new FAQs address:   


Super disclosure instruments remade 

ASIC has made legislative instruments to continue, with limited changes, existing relief from specific financial services disclosure requirements relevant to superannuation and financial advice. This follows consultation earlier this year on seven instruments that were due to automatically repeal or cease in the next two years if not remade (see ASFA Action issue 842). 

The relief is set out in three new legislative instruments that replace the seven existing instruments:  

The relief set out in the new instruments will expire on 1 October 2027. 

ASIC has also registered ASIC Corporations (Repeal) Instrument 2022/499. This instrument repeals the seven existing relief instruments as well as a further four instruments that are now redundant. 




ASFA’s Regulatory Watchlist (ARW) tracks developments in Legislation, inquiries, consultations

and other regulatory announcements relevant to superannuation.

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