Choice of superannuation

More employees are now able to choose a super fund for the first time under new laws introduced by the Australian Government from 1 July 2005.

Employees | Employers | Professional advisers

Employees

For information about choosing a superannuation fund visit our consumer website MoneySmart: Choosing a super fund

Use our superannuation calculator

Employers

Super choice - Meeting your obligations

This whole of government publication provides an overview of the obligations of employers, superannuation trustees and financial advisers under the choice of superannuation initiative. It also sets out the compliance approaches of the Tax Office, ASIC and APRA.

Professional advisers

Super choice - Meeting your obligations

Super switching advice: complying with your obligations

Information on this website about superannuation

What's new

New legislative instruments

ASIC has deferred the start date for the consistency requirements in s29QC of the Superannuation Industry (Supervision) Act 1993 until 1 February 2017 to align with the extension to the fee and cost transition for PDSs: see ASIC Superannuation (Amendment) Instrument 2015/1098, which modifies Class Order [CO 14/541] RSE licensee s29QC SIS Act disclosure exemption.

ASIC has also issued ASIC Corporations (Amendment) Instrument 1073/2015 to extend the period of operation of Class Order [CO 10/630] Long-term superannuation returns indefinitely.

Updated guidance on fee and cost disclosure requirements

We have released updated guidance on fee and cost disclosure for trustees of superannuation funds and responsible entities of managed funds and other managed investment schemes. 15-350MR. 24 November

Media releases on superannuation

Last updated: 23/03/2016 03:13