Treasury's policy advice on superannuation issues falls into three broad categories:
Retirement income policy
Treasury is responsible for advising on broad features of retirement income policy, including the objectives, adequacy and overarching framework and design of the superannuation system and proposals for alternative personal savings vehicles. Additionally, it is responsible for modelling and analysis of the impacts of government policy on household units as well as the public finance consequences of demographic trends and population ageing. The Retirement Income Modelling website is http://rim.treasury.gov.au.
Treasury advises the Government on policy for the prudential regulation of superannuation, as well as for the financial sector as a whole. Treasury works closely with the prudential regulator, the Australian Prudential Regulation Authority (APRA). APRA's role with respect to superannuation is to ensure that trustees are aware of their obligations to members and manage the funds in their care prudently in the interests of members.
Treasury is responsible for providing advice to the Government on consumer protection for individual members of superannuation entities. Treasury works closely with the financial services consumer protection and market integrity regulator, the Australian Securities and Investments Commission (ASIC). ASIC's role is to promote the confident and informed participation of consumers in the financial system. ASIC also oversights the Superannuation Complaints Tribunal, which provides consumers with access to an effective and expeditious means of redress in the event that they believe that a decision of a trustee or other decision maker is unfair or unreasonable.
Legislation relating to superannuation can be found on this website under Bills, Acts and Legislation.
Superannuation Consultation Papers
|Results 1 to 11 of 11|
|24-10-2010||Attitudes to Superannuation|
|13-07-2010||Small Business Superannuation Clearing House|
|26-02-2009||Fact Sheet - Pension Drawdown Relief for Retirees|
|03-11-2005||Exposure Draft Regulations - Review of Pensions in Small Superannuation Funds|
|21-01-2005||Review of the Provision of Pensions in Small Superannuation Funds - Discussion Paper|
|21-01-2005||Review of the Provision of Pensions in Small Superannuation Funds Website|
|27-08-2004||Information Sheet - Superannuation Industry (Supervision) Act 1993|
|07-07-2004||Outcomes of the Review of Part 23 of the Superannuation Industry (Supervision) Act 1993|
|27-09-2002||A Brief Guide to Super|
|27-09-2002||Looking at Super... Seeing More|
|27-09-2002||What's New in Superannuation|
|Results 1 to 2 of 2|
|10-10-2000||Press Release No.6 2000 - Family Law Legislation Amendment (Superannuation) Bill 2000|
|05-02-1999||Press Release No.2 1999 - Memorandum of Understanding Between the Commonwealth Treasury and APRA|