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Explore the history, rules and regulations of superannuation and how it fits into Australia’s economic landscape – and become RG146 compliant.
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AIST supports appropriate penalties for corporate and financial sector misconduct, and generally supports the positions taken in this Paper. We agree that an effective regulator needs to have the regulatory resources, including penalty provisions, to allow them to provide effective enforcement. AIST cautions against disgorgement penalties which may inappropriately penalise the members of a superannuation fund.