APRA revises proposals to implement the Government's Retirement Reporting Framework for final consultation

APRA released revised draft reporting standards and supporting materials on 10 September 2026 to implement the Government's Retirement Reporting Framework, together with its response to submissions on the initial consultation. The Framework forms part of the Government's retirement phase reforms and is intended to improve visibility of how superannuation trustees support members through retirement, giving consumers, industry and policymakers greater transparency on developments in the retirement income system.

In response to earlier feedback, APRA has streamlined data requirements, refined methodologies and definitions, and produced a new reporting practice guide alongside revised versions of reporting standards SRS 607.0, SRS 611.1 and SRS 101.0. To allow industry additional time to consider the changes, APRA is running a further month of consultation, with submissions due by 9 October 2026.

APRA Deputy Chair David Bradbury said the revised package reflected extensive stakeholder engagement. Once the reporting standards are finalised, data collection is expected to begin in late 2027, with the first Framework indicators and metrics published in 2028. APRA has said it will engage further with industry on publication design through 2027. No final reporting standards have yet been made, and the timing set out remains subject to that finalisation.