The Super Brief | August 2025

In Brief.

ASIC is reminding consumers to beware high-pressure sales tactics and ascertain the credentials of those spruiking super comparisons and switching.

The ATO has issued guidance regarding transfer balance cap indexation, and notices of intent to claim deductions for super contributions. Plenty of chances to have your say; ASIC is seeking feedback on sustainable investment product labelling, long awaited updates to guidance on conflicts management, and its role in approving financial sector codes of conduct.

The fallout from Shield Master Fund continues; a further two advisers disqualified for improperly recommending the product. ASIC queries whether a term can be misleading without being unfair, and is asserting the integrality of sound cyber security practice to providing financial services efficiently, honestly, and fairly.            

Jack Allen
Lawyer