On October 23rd, PlayStation software update 4.30 will be released. In this update, rather than being under the “Game”menu, the trophy collection will be displayed under the PlayStation Network menu on the XMB. Users can also view their trophies earned on the PlayStation Vita on their PlayStation 3, as well as view their current trophy level and progress towards the next level as they go through their trophy collection.
In addition to the trophy update, starting in November 2012 Sony will be discontinuing its Life With PlayStation service to systems with the 3.40 update.
(Source: Playstation Blog)