Policy & Research

We undertake evidence-based advocacy to influence public policy settings which ensure the best retirement outcomes for fund members.

Policy Councils

ASFA’s four policy councils drive and develop proactive policy projects. The councils are described below.

Super System Design

Mandate: To develop/propose policies that, if adopted, will enable the system to deliver a comfortable retirement for all Australians (including the structure of the system, tax settings and systemic risks).

 Members

Consumer, Governance & Regulation

Mandate: To develop/propose policies that, if adopted, will facilitate the operation of the system in the best long-term interests of fund members (including effective governance, the regulatory regime, disclosure and consumer protection, advice and reporting to regulators) and would also consider the public’s understanding of these issues and how they can best be communicated.

 Members

Economics & Investment

Mandate: To develop/propose policies that, if adopted, will facilitate effective investments that deliver adequate retirement outcomes for fund members and drive economic growth.

 Members

Industry Efficiency

Mandate: To develop/propose policies that, if adopted, will ensure that all providers and agents in the system operate in the most efficient manner (including interoperability between funds).

 Members

Key elements with respect to the ASFA Policy Councils are that:

  • An ASFA (Board) Policy Committee member is a member of, and chairs, each Policy Council.
  • The Policy Councils generally meet quarterly and drive two or three strategic projects.
  • Permanent membership of a Policy Council is limited to ASFA members but in some cases it will be appropriate to invite an external stakeholder as a guest member or attendee to assist a Policy Council in relation to a specific area or discrete project.
  • The ASFA (Board) Policy Committee is responsible for appointing the members of the four Policy Councils.

Download

 Charter of the ASFA Policy Councils