Super industry liaison

ASIC adopts a structured approach to investment management and superannuation industry liaison to more efficiently engage and consult with industry about emerging issues and trends and key issues and messages in these areas. 

Our key liaison initiatives include:

  • ASIC Insights seminar series with either, or both, a superannuation and managed investments focus.  These seminars are held annually, and are run by ASIC staff at ASIC offices. They are intended to update attendees (industry representatives and trustees) on ASIC's views and our approach on key issues.
  • Meeting with individual industry associations every six months. We encourage industry associations to invite their key stakeholders along to ensure a holistic industry discussion including both the association and individual trustee commercial views. 
  • ASIC Wealth and Funds Management Update.  The ASIC Wealth and Funds Management Update is a free periodic e-newsletter about regulatory developments and issues affecting the wealth and funds management industries. This newsletter is for AFS licence holders with banking, advice, insurance, superannuation, custodial or RE authorisations, superannuation trustees, responsible entities, industry associations and financial advisers. You can subscribe Subscribe to the update.

These initiatives complement the broader ASIC liaison delivered through presentations at conferences, roadshows and targeted updates.  We will also continue to hold meetings with industry where issues arise, or consultation is specifically required.  For example, we may hold roundtable meetings when we release consultation papers and these meetings would be in addition to the meetings detailed above.



What's new

Compliance time period extended for ASIC Class Order [CO 14/1252]

Due to the expert review of RG 97 that is currently underway, ASIC has decided to preserve the status quo at law by extending the time periods for compliance with certain aspects of ASIC Class Order [CO 14/1252] in relation to periodic statements and superannuation PDSs by one year. Accordingly ASIC has modified [CO 14/1252]. 

Find out more

ASIC appoints expert to review fees and costs disclosure settings

ASIC has appointed Darren McShane, who has extensive experience in the superannuation and managed investments industry, to conduct a review of the fees and costs disclosure requirements under RG 97.  The review is expected to be completed in the first half of 2018.

Read the media release


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: 16/02/2018 03:35