With key parts of Stronger Super now law, ASIC today published information for industry to help them understand the reforms.
The information is provided in responses to questions ASIC has received from participants in the super industry, including trustees.
ASIC’s involvement in Stronger Super focuses on disclosure requirements.
Commissioner Greg Tanzer said: ‘We hope people find this guidance, in a short Q and A format, timely, easy to follow and useful in understanding their obligations.
‘We’ll be adding to these FAQs on an as needs basis. We encourage people to contact us if they have issues they want to raise.’
To read the FAQs, click here.