Key documents
Exposure draft - PDF 331KB
Exposure draft - DOCX 92KB
Explanatory materials - PDF 502KB
Explanatory materials - DOCX 226KB
Advice through Superannuation - PDF 454KB
Advice through Superannuation - DOCX 159KB
Draft legislation delivering the next tranche of the Government’s financial advice reforms has been released for consultation.
These measures:
- replace the statement of advice with a more fit-for-purpose client advice record
- provide clear rules on what advice topics can be collectively charged for via superannuation
- allow superannuation funds to provide targeted prompts to members to drive greater engagement with superannuation at key life stages
The Government invites feedback to ensure that the reforms deliver on their objectives and operate effectively across all parts of the financial advice industry. Consultation closes on 2 May 2025.
Responding
You can submit responses to this consultation up until 02 May 2025. Interested parties are invited to comment on this consultation.
While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.
All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.
Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.
View our submission guidelines for further information.
How To Respond
Online – preferred method
How To Respond
Post
Address written submissions to:
Treasury
Langton Cres
Parkes ACT 2600