Superannuation funds

This section gives guidance about superannuation reforms, compliance requirements for superannuation trustees, and ASIC's role in super.

ASIC's role in super

ASIC is principally responsible for the enforcement of the Corporations Act 2001 (Corporations Act) which regulates the conduct and disclosure obligations of financial services providers (including superannuation trustees that hold an Australian financial services (AFS) licence).

As the conduct and disclosure regulator, ASIC’s role primarily concerns the relationship between trustees and individual consumers. ASIC aims to look after consumers ensuring they receive proper disclosure, are dealt with fairly by qualified people, continue to receive useful information about their investment or product and can access proper complaints-handling procedures. Promoting investor and financial consumer trust and confidence is one of ASIC's strategic priorities.

More about ASIC's role in super (including the role of co-regulators and the Superannuation Complaints Tribunal).

Superannuation guidance and relief

Read our guidance on specific topics, including FAQs, letters to trustees and ASIC relief.

Super industry liaison

Find out about ASIC's superannuation industry liaison plan and engagement schedule.

Superannuation media releases

Read our media releases on superannuation.

Further resources on superannuation

This page lists helpful links on superannuation.

Related information

TopicDescription
Financial services Includes helpful links to information including legislation, media releases, our frequently asked questions.
Regulatory index Download regulatory documents and class orders relevant to superannuation trustees and administrators.
MoneySmart website Includes information for consumers about superannuation.

 

Last updated: 11/10/2016 05:03