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Enshrining super's purpose into law is a worthy objective

  Published: 01 Sep 2023

Industry Super Australia supports the government’s proposed legislated objective of super, which places the policy principle of preservation at its core.

The Federal Government has released draft legislation for the Objective of Super, which would be the guiding light for the development of future superannuation policy that will protect and grow the retirement savings of all Australians.

The government’s draft legislation well-reflects what the community understands as super’s purpose – savings solely for retirement.

*The above material, whilst correct at the time of publication may include references or statements which are no longer current.

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