Advocacy Priorities
ASFA’s advocacy priorities are focussed on improving equity in the system, upholding the principle of preservation, and strengthening universality to ensure every Australian has the opportunity for a dignified retirement.
Policy
Super on
Government-paid parental leave
Improving equity in the system by ensuring new parents are paid superannuation on their Government-paid parental leave.
Policy
Payday Super
Superannuation paid at the same time as wages, reducing the risk of underpayment or non-payment for millions of workers
Policy
Better targeted superannuation concessions
Enhancing system equity by capping concessional benefits for balances over $3 million and supporting improved outcomes for low-income Australians through Low Income Superannuation Tax Offset (LISTO)
Policy
Reforms to the non-arm’s length expense rules
Passage of key reforms to the non-arm’s length expense rules, with a full exemption for large APRA regulated funds and exempt public sector funds
Policy
A clear objective of superannuation
Enshrining the principles of preservation, income, equity, sustainability, and dignity in law, with superannuation being a fundamental pillar in Australia’s retirement landscape
Policy
Financial advice
Clarification from government on the provision of financial advice to people with a superannuation account, with the end goal of ensuring more Australians have access to quality and affordable financial advice
Policy
Climate change-related disclosure reporting
Clarification from government to ensure a phased approach on climate change-related disclosure reporting, which acknowledged that superannuation funds, as institutional investors, are reliant on climate reporting made by entities in which they invest
Policy
Performance Test recommendations
Enhancements to the asset-class benchmarks of the Annual Performance Test, an extension to the assessment period, and a broader review of the performance test framework, which Treasury is undertaking
Policy
Insurance success
Ensuring that all members of regulated superannuation funds can automatically maintain their insurance following a transfer to a successor fund.
Leaders in research
ASFA is continuously undertaking research that contributes to policy development and discussion. You can read our most recent research and papers here
