REP 655 Review of member communications: Protecting Your Superannuation Package (PYSP) reform
Released 12 February 2020
REP 655 details our review of trustee communications to superannuation fund members in relation to the Treasury Laws Amendment (Protecting Your Superannuation Package) Act 2019 (PYSP Act). It outlines our expectations about trustees' future communications to members and contributes to ASIC’s ongoing body of work in relation to insurance in superannuation.
This report follows REP 646 Insurance in superannuation 2019–20: Industry implementation of the Voluntary Code of Practice that provides background to our work in insurance in superannuation and examines industry progress on the implementation of the Insurance in Superannuation Voluntary Code of Practice.