1 July 2023 Superannuation Changes

What are the 1 July Superannuation changes?

Do you know what superannuation thresholds and caps were adjusted for 1 July 2023? What other changes are affecting superannuation from 1 July?

Various superannuation thresholds and caps undergo periodic updating, with indexation against benchmarks such as inflation and wages being the usual reason.

Our CPD includes a structured assessment covering the changes, ensuring you and your team are July ready.

Learn what changes will apply from 1 July 2023, including:

  • Thresholds and caps that have been adjusted
  • Superannuation guarantee
  • The change to account based pension minimum percentage factors
  • Increase to preservation age
  • Indexation of the general transfer balance cap
  • Examples showing the impacts of indexation and other changes on clients’ contribution eligibility and the general transfer balance cap.

 

Program Content

Learning Outcomes

What you will learn

Who is this course for?

Units of Competency

Pre-requisite

Recognition of Prior Learning

Certification

You will be awarded a Certificate of Completion. It will be available online for you to download and print immediately.

ASIC-supervised licensees: Superannuation

FAS-supervised licensees: Regulatory compliance and consumer protection

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Frequently Asked Questions

Our CPD short courses are assessed by a short open book multiple-choice exam.

Our CPD short courses are self-paced with online learning resources & on-going support.
  • You have up to 8 weeks to complete the learning and assessment requirements for your CPD short course.
  • Experienced professionals can complete in less time.

Our courses, CPD and qualifications are 100% online, so you can start anytime, anywhere.
  • Either enrol online or
  • Contact Us to arrange an invoice for EFT or AMEX payments.

You can enrol your team either:
  • Enrol online or
  • Contact us to arrange an invoice.
Talk with us to develop your team training program.
What is RG206?2023-04-21T07:53:53+10:00

Regulatory Guide 206 Credit licensing: Competence and training (RG 206)

Credit licensees must comply with the organisational competence obligation in s47(1)(f) of the National Consumer Credit protection Act 2009 (National Credit Act). Regulatory Guide 206 Credit licensing: Competence and training (RG 206) sets out the minimum expectations for demonstrating organisational competence.

What you need to do to comply will depend on the nature, scale and complexity of your business. However, Regulatory Guide 206 Credit licensing: Competence and training (RG 206) sets out our minimum expectations for demonstrating organisational competence.

You must also ensure that your representatives are adequately trained and competent to engage in the credit activities authorised by your licence: s47(1)(g).

ASIC generally expects you to determine what is appropriate initial and ongoing training for your representatives and to embed this in your recruitment and training systems.

Updated annually, our CPD is designed to enable Responsible Managers and Representatives of Australian Credit Licensees to meet their mandatory RG206 continuing training requirement. Our CPD that is structured, properly assessed and recorded.

Financial Education Professionals acknowledges the Traditional Owners of Country throughout Australia. We pay our respects to Elders past, present and emerging.