Correspondence From Institutional Investors On Regulatory Guide 97

Written by Claude Haiku 4.5 from the extracted text on 16 May 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

Aware Super submitted to the Economic Reform Roundtable advocating for changes to ASIC's Regulatory Guide 97 fee and cost disclosure requirements for superannuation. The submission argues that RG97's emphasis on upfront fee disclosure deters institutional investment in higher-returning but higher-fee assets such as venture capital and domestic residential property. Aware Super recommends Treasury consider alternative disclosure frameworks that present net returns rather than isolating fees, claiming this would unlock institutional investment opportunities and support productivity growth. The correspondence represents institutional investor lobbying to reshape regulatory disclosures that currently highlight fee transparency.