Retirement income review an opportunity to reform Australia’s compulsory savings system for the better ahead of promised increase
Published: 27 Sep 2019
Industry Super Australia (ISA) welcomes the Federal Government’s commitment to maximise efficiencies in Australia’s compulsory superannuation system, ahead of the legislated increase in the super guarantee.
The Retirement Income Review provides an important opportunity for policy makers to use evidence and research-based inquiry to ensure the system is operating as efficiently as possible and in the best interests of members and retirees – but shouldn’t come at the expense of existing reform priorities.
ISA Chief Executive Bernie Dean today welcomed the Federal Government’s acknowledgement of compulsory superannuation as one of the key pillars of Australia’s retirement income system.