New super disclosure rules1 min read
In a boost to super transparency, the Government has announced new rules that require more disclosure on how super funds are investing money on behalf of members.
The new rules require funds to disclose information about the identity, value and weightings of their investments across a range of asset classes and derivatives.
Reviews of the super system have found that super portfolio disclosure has room to improve when it comes to being more transparent and following global best practice. Under the regulations, super funds will be required to first report their holdings by 31 March 2022, with portfolio holdings disclosure to occur every six months thereafter.
What's in it for you? This is a great way to better understand where your super is invested. As a member, you will be able to see more detail on investment holdings on our website when the regulations come into effect next year.
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