Media Release

Wednesday, 10 April 2019

Delay on consumer disclosure in super will hurt member retirement outcomes

The Australian Institute of Superannuation Trustees (AIST) has today warned that delays to consumer disclosure requirements will negatively impact on the retirement outcomes of millions of unsuspecting Australians. The warning follows this week’s announcement that the Australian Securities and Investments Commission (ASIC) is deferring key consumer disclosure requirements for non-default (Choice) super products for up to four years.