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ASIC far from done with super sector: Constant

Financial Standard

|

June 02, 2025

ASIC commissioner Simone Constant has told Financial Standard the regulator has super funds in its sights for more than just claims handling delays.

- Eliza Bavin

"The main focus is on member services more generally, this is a multi-year phased project" Constant said.

“We will come back to death benefit claims handling and check that funds are doing what they said they will do. But there is more that we will be doing, and we'll announce more in that regard soon.”

Constant said the regulator has been investigating claims handling delays for close to two years now, but in the process has also identified a wider range of issues affecting member services, including issues relating to accessibility.

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