With the Design and Distribution Obligations (DDO) due to commence 5 October this year, the release of ASIC Regulatory Guide RG 274 Product Design and Distribution Obligations (RG 274) in December 2020 was eagerly anticipated by the industry. Read more

I was very pleased to recently host the FSC’s policy team in a detailed member briefing on the policy priorities for 2021. Read more

In the initial stages of the pandemic, writer Elif Shafak, in her recently published essay How to Stay Sane in an Age of Division, recalled seeing signage spring up in parks in London with the question: “when all this is over how do you want the world to be a different place?”. Read more

Welcome to Issue 48 of the FSC Policy Update. In 2021, this member briefing on the main legislative and regulatory changes across the financial services industry will be issued monthly.  The new Design and Distribution Obligations (DDO) commence in October this year. I provide an update here on work the FSC is doing to prepare template Target Market Determinations (TMDs). Read more

The FSC welcomes Andrew Morgan, Acting Managing Director of MLC Wealth as a Director to the FSC Board. Read more

Parliament will very soon have the opportunity to debate the Government’s ‘Your Future, Your Super’ reforms that were announced in the October 2020 Budget.  Read more