APRA has released a draft rewrite of SPS 530 Investment Governance, shifting from principles to more prescriptive rules. Proposals include member-level limits on member direct investment options, tighter onboarding and monitoring, quarterly valuations and an annual executive attestation. Platforms will feel it most, but all RSE licensees are in scope. Here’s our summary of what would change, the points worth raising in a submission and the reporting questions it opens up.

Five years after the first SDT submissions, Australian superannuation reporting looks nothing like it did. Nuj founder and CEO Matt McKenzie reflects on what SDT changed, what Nuj got wrong along the way, and why the funds in the strongest position are the ones that control their data. With APRA moving from cleansing data to analysing it, retirement reporting arriving from late 2027 and the UK following a familiar path, he looks ahead to what comes next, and why knowing your

APRA has released its response to the March 2026 consultation on the Retirement Reporting Framework, along with revised draft standards and a final round of consultation closing Friday 9 October 2026. The main takeaway: APRA is listening. Of the 21 issues we raised in March, 17 have already been addressed. We summarise the headline changes to SRS 611.1, SRS 607.0 and SRS 101.0, the four issues we're considering raising and what the revised timeline means for super funds.

Superannuation reporting is under more pressure than ever, and AI looks like an obvious fix. But regulatory reporting isn't a place to move fast and see what happens. Drawing on what APRA expects, what funds tell us, and our own experience, we set out why judgement has to stay with people, not models, and what that means in practice. AI at Nuj nudges. It never steers.

APRA currently has two consultations open that touch superannuation reporting, both closing for submissions on 21 August 2026. One proposes moving remaining D2A data collections to APRA Connect, cutting back what's reported but restructuring how it's submitted. The other is routine housekeeping, with just one item actually worth checking. Here's our reading of both, and what's worth doing about them.

APRA has opened consultation on its proposed Retirement Reporting Framework, with submissions closing 3 June 2026. We hosted a discussion forum with 30 participants to hear initial reactions from across the industry. The concerns raised were practical and technical: from an undefined 'member' in SRS 101.0, to questions about drawdown rate definitions, cohorting complexity, and whether the proposed timeline is workable. This is a summary of what the room said, reported as it w

APRA has opened consultation on draft reporting standards for the Retirement Reporting Framework. The proposals introduce SRS 611.1 Retirement Member Profile, revise SRS 607.0 RSE Business Model, and update SRS 101.0 Definitions. The framework is structured around three indicators and three metrics collecting member-cohort level data. Submissions close 3 June 2026.

APRA SDT Phase 2 has taken APRA regulatory reporting to a new level of complexity, bringing richer data requirements and entirely new stakeholders into the process. The tools most teams are using haven't kept pace. The role has expanded well beyond technical preparation. With SDT Phase 3 on the horizon, the pressure is only set to grow. At a recent Nuj Super Reporting Forum, reporting professionals spoke openly about what this means in practice and what needs to change.

APRA's Direct to APRA (D2A) system decommissioned on 20 March 2026 following a security vulnerability. Here is what happened, what the interim reporting arrangements are, and what the accelerated APRA Connect migration means for superannuation funds and other regulated entities.

Superannuation is not an industry accustomed to disruption. Yet the expectation to keep up with AI is just as real as in any other sector. In March, we brought together C-suite leaders from across the industry for two intimate lunches to explore the questions most executives are quietly carrying: what are others actually doing, which use cases are worth pursuing, and how do you move forward without creating regulatory, member, or reputational risk?

Nuj hosted private sessions with funds, administrators, and trustees facing SDT Phase 2 deadline pressures. Forms SRS551.0 and SRS553.0 emerged as universal challenges requiring multi-team coordination but constrained by sequential workflows. Cross-form validation dependencies, unclear APRA guidance, and third-party data delays compound complexity. Collective knowledge approach embeds learnings into platform validations benefiting all users.

APRA Form Builder update enables multiple teams to collaborate simultaneously on SDT Phase 2 forms. Data Manager and Build Manager workspaces let specialists and compliance teams work in parallel without bottlenecks. Smart notifications, version control, and seamless handoff eliminate coordination overhead. Purpose-built compliance tool for regulatory reporting service providers managing complex form building with clear progress tracking and validation workflows ensuring accu

Superannuation reporting demands from ASIC, ATO, AUSTRAC and APRA are overwhelming funds. Industry leaders are calling for change as compliance costs hit $1.05bn. Learn what this means for trustees and how to manage the burden whilst maintaining data quality.

72 super professionals attended our Phase 2 pulse check sessions. Zero felt confident about avoiding resubmissions, but collaboration is growing. Discover what the industry silence revealed about Phase 2 challenges.

As Phase 2 of APRA’s Super Data Transformation approaches, super funds are feeling the weight. At our recent Executive Roundtable, leaders shared how reporting remains complex, high-risk, and outside BAU—with little internal value. From legal pressure to siloed systems, the challenges are shared across the industry. This recap explores what we heard, what’s driving the strain, and why alignment matters more than ever.

Master Data is now live for Nuj users! Manage your fund’s structure with ease and improve APRA reporting accuracy.

Simplify APRA reporting with Nuj's Form Builder—automate workflows, ensure compliance, and reduce manual effort. Work smarter today!

The new Master Data Manager simplifies the way superannuation funds manage their investment products, menus, options, and pathways.

Introduction APRA's 2024-25 Corporate Plan introduces significant regulatory changes designed to enhance the stability and transparency...

Navigation Improvements, Performance Optimisation and Form Builder Enhancements.