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Mandatory compliance with the Simplified Product Disclosure Statement (Simplified PDS) regime for simple managed investment schemes and superannuation funds is due to commence on 22 June 2012
Treasury has released draft regulations for consultation which give effect to the extension of the short PDS transitional period for certain superannuation products and simple managed investment schemes that was announced by the Treasurer, Bill Shorten, on 8 June 2011
On 24 January 2011, Treasury released an options paper titled "Wholesale and Retail Clients Future of Financial Advice" (Options Paper) as a part of its Future of Financial Advice (FOFA) reforms
