Acronyms and abbreviations

ACSI
Australian Council of Superannuation Investors
AICD
Australian Institute of Company Directors
AIMA
Alternative Investment Management Association
AIST
Australian Institute of Superannuation Trustees
APRA
Australian Prudential and Regulation Authority
ASFA
Association of Superannuation Funds of Australia
ASIC
Australian Securities and Investments Commission
ATO
Australian Taxation Office
BFID
Best financial interests duty
CPA and CA
CPA Australia and Chartered Accountants Australia and New Zealand
EM
Explanatory Memorandum
FSC
Financial Services Council
Hayne Royal Commission
2019 Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry
IGTO
Inspector-General of Taxation
ISA
Industry Super Australia
LCA
Law Council of Australia
McKell
McKell Institute Victoria
Murray Inquiry
Financial System Inquiry
NFAW
National Foundation for Australian Women
NTEU
National Tertiary Education Union
PC
Productivity Commission
REST
Retail Employees Superannuation Trust
RIAA
Responsible Investment Association Australia
RIS
Regulation Impact Statement
RSE
Registrable Superannuation Entity
SCA
Super Consumers Australia
Scrutiny Committee
Senate Standing Committee for the Scrutiny of Bills
SDA
Shop, Distributive & Allied Employees' Association
SIS Act
Superannuation Industry (Supervision) Act 1993
SMSFs
self-managed super funds
TDPs
trustee-directed products’
the bill
Treasury Laws Amendment (Your Future, Your Super) Bill 2021
the committee
Senate Economics Legislation Committee
the package
Your Future, Your Super package
the tool
YourSuper comparison tool
Treasury
Department of the Treasury

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