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  • ASFA 2018 conference recap

    Late last year, we hosted a booth at the Association of Superannuation Funds of Australia (ASFA)’s annual conference, attended by over 2,000 delegates from 12 countries.

    Around 100 delegates enjoyed talking with our booth staff and were provided information on a range of super matters. Key themes from visitors’ questions and comments were:

    • recognition of the ATO’s open and cooperative relationships with industry - most recently, during the event-based superannuation reporting on-boarding process and assistance provided to funds during successor fund transfers
    • strong interest in the Superannuation changes industry roadmap and industry consultation processes
    • visibility of the super contributions data (reported by funds via the new Member Account Transaction Service [MATS]) and how it compares with Single Touch Payroll (STP) data reported by employers.

    James O’Halloran, Superannuation Deputy Commissioner, speaking as part of a Regulators Panel said “We want a community that willingly participates, or engages, in the tax and super system – because it benefits all Australians and indeed Australia. In a superannuation context, engagement will ensure members take an interest and play an active part in decisions to protect their future retirement and financial wellbeing.” You can read James’ speech here.

    See also:

    • The ATO will also host a booth at the Australian Institute of Superannuation Trustees (AIST)’s Conference of Major Super Funds (CMSF) in March 2019.

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      Last modified: 21 Jan 2019QC 57786