Financial Sector (Collection of Data) (reporting standard) determination No. 36 of 2018
Pension fundsPension funds
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Pension funds
The pension funds sub-sector includes all superannuation funds that are regarded as complying funds for the purposes of the Superannuation Industry Supervision Act 1993 and other autonomous funds established for the benefit of public sector employees. Superannuation funds with all of their assets invested with insurance offices are included.
Superannuation funds and Approved Deposit Funds (ADFs) are established to provide benefits for their members on retirement, resignation, death or disablement. Superannuation funds and ADFs usually take the legal form of trust funds.
Include:
- Pooled Superannuation Trusts;
- public sector superannuation funds (including SIS-exempt funds);
- private sector superannuation funds;
- ADFs; and
- superannuation funds established by life insurance companies.
Exclude:
- retirement savings accounts.