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Australian corporate regulator proposes to remake expiring superannuation class orders without changes

( June 3, 2015, 09:14 GMT | Official Statement) -- MLex Summary: The Australian Securities and Investments Commission released a consultation paper proposing to remake two class orders without significant changes before they sunset on April and October 2016, so that their ongoing effect will be preserved without any disruption to the entities who rely on them. The two class orders on superannuation broadly provide relief to streamline the intra-fund transfer process and the product disclosure statement regime for members who choose their own superannuation investment strategy.The regulator's full statement follows:...

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