Most superannuation accounts are regulated by the Australian Prudential Regulation Authority (APRA), whereas the Australian Tax Office (ATO) regulates self-managed super funds (SMSFs).

The Australian Securities and Investments Commission (ASIC) also enforces the legislation which regulates the conduct and disclosure obligations of superannuation trustees to their fund members. ASIC has a memorandum of understanding in place with both ATO and APRA to help facilitate the exchange of information between the regulators.