CP 351 Superannuation forecasts: Update to relief and guidance
Released 18 November 2021. Comments closed 28 January 2022.
This consultation paper set out ASIC’s proposals to amend our legislative instruments on superannuation calculators and retirement estimates.
We sought feedback from superannuation trustees, consumer groups, actuaries and other interested stakeholders on our proposals, which included:
- a single instrument of relief for superannuation calculators and retirement estimates, and
- adopting a common framework for setting economic and financial assumptions.
We also proposed to update our guidance on superannuation forecasts as outlined in this paper.
Download
- Consultation Paper 351 (PDF 1.1 MB)
- Attachment 1 to CP 351: Draft ASIC (Superannuation Calculators and Retirement Estimates) Instrument 2022/XXX (PDF 470 KB)
- Attachment 2 to CP 351: Draft regulatory guide (PDF 630 KB)
- ASIC stakeholder briefing slides (PDF 538 KB)
Related documents
Submissions
(non-confidential)
- Actuaries Institute (PDF 164 KB)
- AIA Australia Limited (PDF 580 KB)
- ARC Centre of Excellence in Population Ageing Research (CEPAR) (PDF 432 KB)
- Australian Institute of Superannuation Trustees (PDF 455 KB)
- AMP Wealth Management (PDF 684 KB)
- The Association of Superannuation Funds of Australia Limited (PDF 215 KB)
- AustralianSuper Pty Ltd (PDF 473 KB)
- Aware Super (PDF 428 KB)
- Cbus Super (PDF 996 KB)
- Challenger Group Limited (PDF 311 KB)
- The Conexus Institute (PDF 332 KB)
- CPA Australia Limited and Chartered Accountants Australia and New Zealand (PDF 261 KB)
- Cumpston Sarjeant Pty Ltd (PDF 121 KB)
- David O'Donnell (OD Financial) (PDF 336 KB)
- Deloitte Consulting Pty Ltd (PDF 2.8 MB)
- Financial Services Council Limited (PDF 278 KB)
- Industry Super Australia Pty Ltd (PDF 386 KB)
- Law Council of Australia Limited (PDF 366 KB)
- Mark Bastiaans (PDF 1.0 MB)
- Mercer (Australia) Pty Ltd (PDF 346 KB)
- mSmart (PDF 542 KB)
- Super Consumers Australia (PDF 102 KB)
- Shop, Distributive and Allied Employees’ Association (PDF 894 KB)
- SuperEd Pty Ltd (PDF 194 KB)
- TAL Life Limited (PDF 281 KB)
- UniSuper (PDF 154 KB)