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

ASIC sues AustralianSuper over multiple superannuation accounts

8 September 2023

ASIC has commenced civil penalty proceedings against the trustee of Australia’s largest superannuation fund, AustralianSuper, alleging failures to address multiple member accounts.

Read the media release

Summary of Indigenous Super Summit

ASIC facilitated the 2023 Indigenous Super Summit on 22 June 2023.

The Summit was an opportunity for the superannuation industry to contribute to addressing the unique and complex challenges First Nations peoples can experience.

Read the summary document

ASIC commences greenwashing case against Active Super

11 August 2023

ASIC has commenced civil penalty proceedings in the Federal Court against LGSS Pty Limited (Active Super).

Read the media release

Annual Performance Assessment 2023

8 August 2023

ASIC has written to trustees regarding the 2023 annual performance assessment. It is the first year the performance assessment applies to both trustee-directed products and MySuper products.

Read the letter

Conexus Retirement Conference

8 August 2023

Opening remarks by ASIC Senior Executive Leader, Superannuation and Life Insurance, Jane Eccleston and APRA Deputy Chair, Margaret Cole.

Read the speech

Review finds super trustees need to improve retirement outcomes planning

18 July 2023

A thematic review of how trustees are supporting their members under the Retirement Income Covenant found trustees need to make more progress to enhance retirement outcomes. The review was conducted jointly by ASIC and APRA.

Read the media release

Read the report

ASIC warns super trustees to boost efforts to consolidate duplicate member accounts

29 June 2023

ASIC is warning trustees to effectively consolidate duplicate member accounts after a recent review identified poor practices resulting in consumer harm.

Read the media release

ASIC calls on super trustees to appropriately deal with member money when it is first received

26 June 2023

ASIC is calling on trustees to ensure they are meeting their legal obligations when dealing with incoming money from consumers.

Read the media release

Last updated: 01/07/2021 01:06