Industry Updates

The Federal Court has ruled Bit Trade, operator of Kraken crypto exchange in Australia, failed to comply with Design and Distribution Obligation requirements when offering a margin trading product. 

A study by Allianz has unveiled more than 75 per cent of retirees and pre-retirees are open to employment post-retirement. 

Major super funds and industry peak bodies have welcomed the introduction of the Paid Parental Leave Amendment (Adding Superannuation for a More Secure Retirement) Bill 2024 into Parliament. 

The SMSF Association has appointed Keddie Waller as policy manager to bolster its advocacy and policy work for government reforms impacting the SMSF sector. 

Marking the first anniversary for its strategic focus on scam disruption, ASIC has announced the takedown of more than 7300 phishing and investment scam websites that aim to trick consumers into giving up personal information. 

Vanguard Super (VSPL) has announced that Jeremy Duffield has departed the VSPL Trustee Board, where he was a director.