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Investment Funds Amendment Bill 2021 inquiry submission

Published: 23 Sep 2021

Consistent with our submission to the Treasury consultation on Corporations Amendment (Portfolio Holdings Disclosure) Regulations 2021 (Attachment 1), ISA supports policy settings that strike a balance between transparency and ensuring institutional investors can maximise returns for their clients, or, in the case of industry super funds, their members.

In considering the Investment Funds Legislation Amendment Bill 2021 (the Bill) the committee should be aware it will introduce an unlevel paying field where the Future Fund will be able to operate at a competitive advantage to superannuation funds of millions of Australians potentially diminishing their retirement savings.

ATTACHMENT 1

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