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Insights & Updates
Insights


5 years that changed Australian superannuation reporting, and what comes next.
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
5 days ago7 min read


APRA's Retirement Reporting Framework: 17 of Our 21 Issues Addressed, and What's Still Open
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.
Sep 304 min read


Regulatory Reporting and Why AI at Nuj Will Always Nudge, Never Steer
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.
Sep 166 min read


APRA Retirement Reporting Framework consultation: implementation concerns funds are raising ahead of the June deadline
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
May 225 min read


Beyond compliance: how superannuation reporting teams are navigating a more demanding environment
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.
Apr 85 min read


AI Adoption in Australia's Regulated Industries. How Do You Move Fast and Avoid Risk?
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?
Mar 267 min read


What We Learned When Funds Shared Honestly About APRA SDT Phase 2
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.
Nov 19, 20258 min read


The Reporting Burden is Real, and the Industry is Finally Being Heard
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.
Oct 7, 20253 min read


APRA SDT Phase 2 Industry Pulse Check: More Challenges, More Collaboration
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.
Sep 25, 20255 min read


Executive Roundtable: What We’ve Heard, What Comes Next & Why It Matters
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.
Jul 1, 20253 min read
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