Choice of superannuation

More employees are now able to choose a super fund for the first time under new laws introduced by the Australian Government from 1 July 2005.

Employees | Employers | Professional advisers

Employees

For information about choosing a superannuation fund visit our consumer website MoneySmart: Choosing a super fund

Use our superannuation calculator

Employers

Super choice - Meeting your obligations

This whole of government publication provides an overview of the obligations of employers, superannuation trustees and financial advisers under the choice of superannuation initiative. It also sets out the compliance approaches of the Tax Office, ASIC and APRA.

Professional advisers

Super choice - Meeting your obligations

Super switching advice: complying with your obligations

Information on this website about superannuation

What's new

ASIC updates work on fee transparency for super and managed investment schemes

ASIC has extended beyond 30 September its facilitative compliance approach to fee and cost disclosure and will work with an external expert to conduct a review of the fees and costs disclosure under RG 97.

Read the media release

Innovative retirement income stream products

From 1 July 2017, the government will extend the tax exemption on earnings in the retirement phase to new innovative retirement income stream products. A new cross-agency process has been developed to help industry.

Find out more about this cross-agency initiative and how to apply


Releases

Superannuation member experience report

ASIC has released a report about our review of key aspects of consumer engagement with their super funds, focusing on the experience of less-engaged superannuation fund members. 17-217MR. 30 June

Shorter PDS relief extended

ASIC has extended to 30 June 2018 relief excluding multifunds, superannuation platforms and hedge funds from the shorter PDS regime. 17-216MR, 29 June

More releases on superannuation


ASIC Insights

ASIC Insights 2016 session video

Last updated: 19/10/2016 10:24