Round 5 hearings


The fifth round of public hearings were held in Melbourne at the Owen Dixon Commonwealth Law Courts Building at 305 William Street from Monday 6 August to Friday 17 August 2018.

This round of public hearings considered how RSE Licensees fulfil their duties to members of regulated superannuation funds and the extent to which structural or governance arrangements may affect the fulfilment of those duties. The hearings also considered related issues such as selling practices in relation to superannuation, the relationship between trustees and financial advisers, the current legal regime and the effectiveness of regulators.

The Commission referenced the below case studies in Round 5. Written submissions from parties granted leave to appear for Round 5 are available below.



Case Studies


Duties of RSE Licensees (including structural and governance arrangements, the relationship between trustees and financial advisers and selling practices)

  • AMP Super and NM Super (AMP)
  • Australian Super
  • Catholic Super (CSF)
  • Colonial First State (CBA)
  • Electricity Supply Industry Superannuation (Qld)
  • Host-Plus
  • IOOF
  • Mercer
  • Onepath and Oasis (ANZ)
  • Suncorp
  • Sunsuper
  • United Super (CBUS)


Superannuation funds and Aboriginal and Torres Strait Islander members

  • QSuper

3. Effectiveness of superannuation regulators
  • APRA
  • ASIC

Leave to ​​appear

Closing submissions

Written submissions

The following written submissions were received in response to Round 5 hearings on superannuation.

Additional submissions:


Additional Tender List of Exhibits referred to in Closing Submissions - 28 August 2018 [PDF 106KB]

Exhibits for Round 5 hearings are available on the Exhibits page.