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

New financial reporting and audit obligations for superannuation funds commence

25 July 2024

Superannuation trustees are now required to lodge audited financial reports for funds with ASIC within three months of the end of the fund’s financial year. This new obligation promotes greater transparency and accountability in relation to superannuation funds.

Read the release

ASIC and APRA issue final rules and information for the Financial Accountability Regime

11 July 2024

ASIC and APRA have published new information to help insurers and superannuation trustees prepare for the commencement of the Financial Accountability Regime (FAR). The FAR already applies to the banking industry, and takes effect for the insurance and superannuation industries from 15 March 2025.

Read the release

ASIC acknowledges royal assent of the DBFO Act

11 July 2024

ASIC acknowledges royal assent of the Treasury Laws Amendments (Delivering Better Financial Outcomes and Other Measures) Act 2024 (DBFO Act). Royal assent of the DBFO Act marks an important step in advancing reforms to financial advice regulation.

Read the release

ASIC proposes update to superannuation forecasts relief instrument

5 July 2024

ASIC proposes to update the rate of nominal wage inflation in ASIC (Superannuation Calculators and Retirement Estimates) Instrument 2022/603, and Regulatory Guide 276 Superannuation forecasts: Calculators and retirement estimates (RG 276) in view of Treasury’s revised long-term wage growth forecasts.

Read the release

Read the consultation

Super trustees urged to strengthen oversight of retirement strategy implementation

2 July 2024

ASIC and APRA are calling on superannuation trustees to boost efforts to track and measure the impact of their strategies to improve retirement outcomes for members.

Read the release

Read the report

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

Last updated: 01/07/2021 01:06