Super disclosure delayed

The Commonwealth Government has decided to defer the start date for the choice product dashboard and the introduction of a portfolio holdings disclosure regime to 1 July 2015 to allow further time for consultation on draft legislation and provide industry additional time to implement the changes.

UPDATE: ASIC Class Order [CO 14/443]

The choice product dashboard (in section 1017BA of the Corporations Act) is intended to enable greater comparability of superannuation products, while the introduction of a portfolio holdings disclosure regime (in section 1017BB of the Corporations Act 2001) will require reporting of specific superannuation fund investments.

Background: Discussion Paper

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