Best practice principles for superannuation retirement income solutions

The Best Practice Principles help superannuation trustees design and deliver effective retirement income solutions for their members. The principles are voluntary and were shaped through broad industry consultation.

They set out clear, member‑focused practices while allowing trustees to tailor their approach to the needs of their own membership.

What the principles do

The principles support trustees to:

• Understand their members and their retirement income needs.
• Build products and settings that support effective retirement income solutions.
• Combine products and settings to create solutions for different groups of members.
• Engage members so they can make informed decisions in retirement.
• Review and improve their retirement income solutions over time.

Why they matter

The principles outline trustee practices that aim to improve member outcomes, support innovation and strengthen Australia’s retirement income system.