# Super Advertising Bans to Employees, Advisor Education Reforms, and the Unintended Consequences of the Performance Test Page: https://stenobird.com/podcast/that-super-show-7318065/super-advertising-bans-to-employees-advisor-education-reforms-and-the-unintended-consequences-of-the-performance-test Text version: https://stenobird.com/podcast/that-super-show-7318065/super-advertising-bans-to-employees-advisor-education-reforms-and-the-unintended-consequences-of-the-performance-test.md Podcast: [That Super Show](https://stenobird.com/podcast/that-super-show-7318065) Published: 2026-04-21T22:30:00+00:00 Episode link: https://thatsuper.show/24 Audio file: https://episodes.captivate.fm/episode/1af716a8-1f14-40f6-b4f1-ed815b790f13.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/that-super-show-7318065/episodes/super-advertising-bans-to-employees-advisor-education-reforms-and-the-unintended-consequences-of-the-performance-test Duration seconds: 1617 ## Resource #24. On this episode of That Super Show, co-hosts Neil Benson and Sarah Penn break down the Treasury’s proposed ban on super fund advertising during onboarding, the shakeup in advisor education requirements, and dig into why APRA and the ATO are getting twitchy about payday super implementation (spoiler: small business, we see you…). Plus, are performance tests quietly killing investment innovation in Australia? Highlights Superannuation advertising ban consultation launches - employers can only display employee's stapled fund, employer's default fund, or a MySuper product from another fund. Bill has passed both houses, now Treasury is consulting on the regulations to support it. Education reform for financial advisers - Consult hub - Treasury has launched consultation paper regarding new class of financial advisors as part of DBFO T2. Payday Super Readiness | APRA - ATO and APRA have published a letter to RSEs to brace themselves and buckle up! APRA has concerns about some funds' readiness for Payday Super. ‘Parliamentary Friends’ launch sharpens focus on super - Super Review Superannuation performance test is stuck in red tape and could be creating a stagnant economy - performance test doesn't encourage outperformance, it discourages underperformance. As a result, money flows into indices, not into innovation. That Super Show That Super Show is the most downloaded podcast for Australian superannuation professionals. Sarah and Neil cover the issues, debates and decisions shaping the industry - without the spin. Subscribe to the show wherever you listen to podcasts and don't forget to leave us a rating and review. Visit That Super Show website and become a newsletter subscriber Email hello@thatsuper.show if you've got a topic you'd like us to cover or a guest proposal… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/that-super-show-7318065/episodes/super-advertising-bans-to-employees-advisor-education-reforms-and-the-unintended-consequences-of-the-performance-test/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/that-super-show-7318065/super-advertising-bans-to-employees-advisor-education-reforms-and-the-unintended-consequences-of-the-performance-test.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.