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

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: 15/09/2016 10:36