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

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