Superannuation funds

This section contains information for superannuation trustees and their advisers, including:

  • guidance for superannuation trustees about their legal obligations
  • publications by ASIC in relation to superannuation and
  • other regulatory resources.

ASIC's role in super

ASIC is the regulator responsible for the Corporations Act 2001 and the ASIC Act 2001. These acts regulate the conduct and disclosure obligations of financial services providers (including superannuation trustees). ASIC is also responsible for administering parts of the Superannuation Industry (Supervision) Act 1993.

As the conduct and disclosure regulator, ASIC is focused on the behaviours of trustees impacting consumers.

Read more about ASIC's role in super, including co-regulators and industry funding.

Superannuation for consumers

Are you a consumer looking for information to help you understand superannuation? ASIC’s Moneysmart website offers free, independent guidance so you can make the most of your money.

See also superannuation for consumers including:

  • ASIC’s role in superannuation
  • professional registers
  • SMSFs
  • complaining about your super fund.

The YourSuper comparison tool is a simple way to compare MySuper products and help you choose a super fund that meets your needs. It is hosted by the Australian Taxation Office (ATO).

Guidance, relief and instruments

ASIC issues guidance, regulatory relief, legislative instruments, information sheets and other documentation to guide and assist the superannuation industry.

Current projects and consultations

Browse and download information about ASIC’s current projects and consultations relevant to superannuation.

Super news and reports

Read ASIC’s publications, including media releases, letters to trustees, reports, speeches and articles about superannuation.

Further resources on superannuation

This page contains useful links for further information about superannuation, including APRA, the ATO and other ASIC resources.

Financial services

Find information about ASIC’s regulatory guidance on compliance with the financial services regime, including links to legislation and media releases about financial services.

Regulatory index

Download regulatory documents and class orders relating to financial services.

We are always looking to improve our superannuation information and would like to know what’s important to you. Please leave us some feedback.

Note: This address is not for general enquiries about our services or advice. We suggest asking us a question online instead.

What's new

Court finds Active Super made misleading ESG claims in a greenwashing action brought by ASIC

5 June 2024

The Federal Court has found LGSS Pty Limited, as trustee of Active Super, contravened the law in connection with various misleading representations concerning its environmental, social and governance (ESG) credentials.

Read the release

ASIC announces 30 June 2024 focus areas and expanded program to support financial reporting and audit quality

15 May 2024

ASIC has outlined an expanded program of work to enhance the integrity and quality of financial reporting in Australia. The announcement also includes ASIC’s financial reporting and audit focus areas for 30 June 2024.

Read the media release

ASIC calls on super trustees to improve gatekeeping of member savings

9 May 2024

ASIC is calling on trustees to renew efforts to protect members from unscrupulous operators amid evidence of inadequate oversight of advice fee deductions.

Read the release

Read the report

Improving superannuation member services — Dealing with death benefit claims

1 May 2024

ASIC is calling on trustees to consider whether their arrangements for dealing with death benefit claims are fit for purpose, after an initial review identified areas for improvement in their public communications.

Read the article

ASIC and APRA release Superannuation CEO Roundtable notes

26 April 2024

ASIC and APRA have released the public notes on the Superannuation CEO Roundtables held on Wednesday, 27 March and Thursday, 28 March 2024.

Read the notes

ASIC calls on industry to improve oversight of Choice super performance and address issues

21 February 2024

ASIC has called out the risk to retirement outcomes for Australians holding their super in persistently underperforming options, and calls on trustees, financial advisers and advice licensees to focus on the performance of Choice investment options.

Read the release

Read the report

Last updated: 01/07/2021 01:06