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

Australian Institute of Superannuation Trustees Conference of Major Super Funds 2023

22 March 2023

Speech by ASIC Commissioner Danielle Press.

Read the speech

Super trustees urged to improve delivery of insurance outcomes for members

22 March 2023

Trustees need to continue to focus on improving the life insurance they provide their members. A recent review highlights areas where trustees should be making meaningful improvements to deliver better member outcomes.

Read the media release

Read the report

ASIC publishes report on good practices for handling whistleblower disclosures

2 March 2023

ASIC has published a report to help entities improve their arrangements for handling whistleblower disclosures. REP 758 sets out the good practices ASIC observed from its review of seven entities’ whistleblower programs from a cross-section of industries.

Read the media release

Association of Superannuation Funds of Australia Conference 2023

22 February 2023

Speech by ASIC Commissioner Danielle Press.

Read the speech

ASIC is watching superannuation funds’ advertising

27 January 2023

Superannuation trustees need to take positive steps to ensure their fund advertising is not misleading or deceptive as they strive to attract and retain members. Superannuation Senior Executive Leader, Jane Eccleston, draws out some relevant lessons for trustees from ASIC’s ongoing monitoring of industry practices.

Read the article

ASIC issues infringement notice against superannuation trustee for greenwashing

23 December 2022

ASIC has issued an infringement notice to Diversa Trustees Limited in further action against alleged greenwashing.

Read the media release

Superannuation trustees on notice to uplift complaints handling

9 December 2022

Trustees are on notice to improve their internal dispute resolution systems after a targeted review of trustee compliance with the enforceable complaints handling requirements found that some trustees had sub‑standard arrangements for managing complaints.

Read the media release

ASIC’s focus in superannuation 2022-23

14 November 2022

As the superannuation industry contends with ongoing change driven by factors such as law reform and economic, technological and climate risks, ASIC reminds trustees to be responsible, accountable and transparent in implementing regulatory obligations. Jane Eccleston, Senior Executive Leader, Superannuation, identifies ASIC’s main priorities for FY 2022-23.

Read the article

Last updated: 01/07/2021 01:06