APRA Consults on Retirement Reporting Framework Implementation

APRA News & Publications

Published March 23rd, 2026

Detected March 23rd, 2026

Summary

The Australian Prudential Regulation Authority (APRA) is consulting with industry on the implementation of the Government's Retirement Reporting Framework. APRA is seeking feedback on its proposed approach to collecting and publishing data to uplift the retirement phase of superannuation, with written submissions requested by June 3, 2026.

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What changed

APRA has initiated a consultation regarding the implementation of the Australian Government's Retirement Reporting Framework, a key initiative aimed at enhancing the retirement phase of superannuation. The framework, finalized by the Government on February 23, 2026, mandates APRA to collect and publish specific data. APRA is seeking industry feedback on its proposed implementation strategy, emphasizing a balanced approach to ensure a fit-for-purpose framework without undue regulatory burden.

Regulated entities, particularly those in the superannuation and financial services sectors, are encouraged to review APRA's consultation package and provide written submissions by June 3, 2026. Industry roundtables will also be held to discuss the proposals. The feedback will inform APRA's final approach to data collection and publication, aiming for an effective and efficient implementation of the government's objectives.

What to do next

Review APRA's consultation package on the Retirement Reporting Framework implementation.
Submit written feedback to APRA by June 3, 2026.
Participate in industry roundtables if opportunities arise.

Source document (simplified)

Media Releases

APRA consults on implementation of the Government’s Retirement Reporting Framework

Monday 23 March 2026

Print Email The Australian Prudential Regulation Authority (APRA) has today begun consulting with industry on the implementation of the Retirement Reporting Framework.

The framework is one of several Federal Government initiatives originally announced in November 2024 to uplift the retirement phase of superannuation. Following Treasury-led consultation through 2025, the Government announced the final high-level design of the framework on 23 February 2026. APRA is to collect and publish the data required to give effect to the framework.

Consistent with APRA’s Corporate Plan, APRA is approaching this work through the lens of ‘getting the balance right’. APRA’s objective is to achieve a quality, fit-for-purpose implementation of the framework set by Government, without unnecessary or unreasonable regulatory impact.

APRA welcomes feedback from industry and broader stakeholders, including whether there is scope to better calibrate or refine the proposed implementation approach to best achieve this objective. APRA will be seeking feedback via industry roundtables as well as written submissions which are requested by 3 June 2026.

The Government’s announcement and APRA consultation package are available at: Implementation of Government’s Retirement Reporting Framework – APRA’s proposals

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Contact APRA Media Unit, on +61 2 9210 3636

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For more information contact APRA on 1300 558 849.
The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $9.8 trillion in assets for Australian depositors, policyholders and superannuation fund members.