Skip to Main Content
 
New super laws need sensible changes to protect members' interests image
Media Releases

New super laws need sensible changes to protect members' interests

Published: 17 Feb 2021

New super laws need sensible changes to rid the system of underperformers and ensure the disgraceful conduct unearthed by the Royal Commission does not happen again.

Unamended the Your Future, Your Super Bill lodged in Parliament today, will allow dud for-profit funds to keep underperforming without consequence and ripping more than $10 billion in profit without ever having to justify how its inflated fees are in their best financial interest of members.

Subject to changes being made to the Bill that will ensure members are better off, Industry Super Australia supports the package of reforms.  

Got a topic you'd like to read about?

Thank you for your topic suggestion.

The message has been sent succesfully, check back soon to find if we wrote about the topic you suggested.

An error has occurred

Due to a technical fault we are unable to to submit your form at the moment. Please try again later.

Additional details:

To learn more about one of the Industry SuperFunds below click on their logo.

I'M READY TO CHOOSE A FUND