From twitter.com/SWTOR (official twitter feed)
Game update 1.2 will also bring a new Flashpoint, Lost Island. In 1.3, we will also be introducing Group Finder.
In 1.2, we will also be making orange gear more viable in end-game and removing the Destined Loot system from Normal mode Operations.
Game update 1.2 - Legacy will have a new Operation, Explosive Conflict, that will prove more difficult than current Operations.
We will also be introducing a new tier of PvP gear, War Hero, in 1.2, as well as new lightsaber colors and PvP crafting.
In 1.2, we will also be introducing same faction versus same faction to existing warzones to reduce repeatedly seeing Huttball pops.
Finally, we are going to be addressing some concerns regarding mirror class balance and continue our efforts to get rid of exploiters