Superannuation & Pensions

On 31 March 2026, the Australian Prudential Regulation Authority (APRA) issued its response paper finalising amendments to the capital treatment for longevity products.

Background

The response document follows two rounds of consultation that took place in June 2025 and October 2025.

The response document includes an attachment which summarises the key changes to

On 27 March 2026, the Australian Treasury published for comment an exposure draft of the Corporations Amendment (Ban on Advertising Superannuation Funds During Onboarding) Regulations 2026 (Cth) (draft Regulations). The draft Regulations amend the Corporations Regulations 2001 (Cth) to support the amendments to the Corporations Act 2001 (Cth) made by the Treasury Laws

On 25 March 2026, the Financial Conduct Authority (FCA) issued Consultation Paper 26/10: Simplifying the pensions and investment advice rules (CP26/10).

With the targeted support rules now in place, the FCA is focussing on completing its outstanding policy work so that the market can develop and deliver a wide range of

On 23 March 2026, the Australian Prudential Regulation Authority (APRA) issued a consultation on the implementation of the Retirement Reporting Framework (the Framework).

Background

In November 2024, the Government announced a package of reforms in response to feedback on the superannuation in retirement consultation. This included the introduction of a new reporting

On 17 March 2026, the Australian Treasury published the Building a Stronger and Fairer Super System Act 2026 – Draft Regulations (Draft Regulations) that supplement the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Act 2026 (the Amending Act) and the Superannuation (Building a Stronger and Fairer Super System) Imposition

On 23 February 2026, the Australian Treasury issued guidance on best practice principles for superannuation retirement income solutions (the Principles).

Background

Registrable superannuation entities (trustees) have a legal obligation under the Retirement Income Covenant (Covenant) to have a retirement income strategy that assists members in and approaching retirement

On 4 February 2026, the Australian Securities and Investments Commission (ASIC) published a media release noting that it is urging superannuation trustees to strengthen their anti-scam and fraud practices following a review that exposed significant gaps in member communications.

ASIC’s findings

ASIC assessed scams and fraud-related website content across 47 superannuation funds and

On 28 January 2026, the Australian Securities and Investments Commission (ASIC) announced that it is inviting feedback on a proposal to extend existing relief for superannuation trustees from certain application form and cooling-off period requirements during intra-fund transfers.

Current relief and sunsetting

ASIC Corporations (Superannuation: Accrued Default Amount and Intra-Fund Transfers) Instrument 2016/64

On 19 December 2025, the Albanese Government published, as part of its Better Targeted Super Concessions policy, the Treasury Laws Amendment (Better Targeted Superannuation Concessions) Bill 2025 and the Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2025. Together these Bills reduce the tax concessions for people with total super balances over $3 million by imposing