Hi There

As you know, it's PDS central here at Mayflower. Which makes people laugh, because really, who wants to talk about PDSs (or TMDs etc)?!?!

The thing is though, over the last few years, the time needed for disclosure has just increased exponentially, which means that the 'business building' stuff, like launching new products or thinking about how to serve members better, is going by the wayside.

And that, my friends, is why we love talking PDSs.

Because if you can turn your PDS production into a well oiled, risk managed machine, then you've got the time and brain space to think about other things, get new ideas to market faster (especially if they involve new/changed disclosure) and generally have more fun at work.

Anyway, that's my thought for this week :)

All the latest news, views and events below. 

Regards
Sarah

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THATSUPER.SHOW 

In the latest episode of That Super Show, Neil and I dig into the government’s Div 296 rethink, toast the new staggered tax rates and unpack the real-world impact of Payday Super. If you’ve ever wondered how to wrangle $10 million balances or what the ATO’s next move means for your fund’s admin team, don’t miss this witty whirlwind through super’s latest shake ups.

NEWS & VIEWS 

APRA Governance Review Discussion Paper released in March 2025 - APRA

Regulator’s governance overhaul welcomed by super sector - Super Review

FSC Leads the Conversation on Innovation in Retirement - FSC

Australians’ super balances hit new record - Super Review

Netwealth invokes Part 23 of SIS Act in First Guardian response - Financial Standard

Super funds to drive south-east Asia investment growth - Super Review

Super funds raise stakes in US investments to US$1.44tn - Financial Standard

Super funds driving Australia’s private markets boom - Super Review

Heat is on super funds to think different - Investment Magazine

Superannuation complaints fall, but service issues rise - Super Review

UPCOMING EVENTS 

BEYOND FAR: RE-THINKING ACCOUNTABILITY AND RISK CULTURE 

A closer look at why compliance is only the beginning of the journey. At our October 2025 ASFA National Legislation Discussion Group, we had special guest speakers Liana Brover and May Lee presenting an insightful deep dive into the Financial Accountability Regime (FAR) and the evolving landscape of risk culture in superannuation. If you’re still catching your breath after implementing FAR, you’re not alone. Read more here.

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1 – Are you drowning in PDSs? Are you looking for a lower risk, more efficient process?

2 – Are there any clouds on your business horizon? Do you have the right comms strategy in place?

3 – Do you need expert help to make a change to your business?

Then let's talk! mayflower.com.au

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