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Treasury Laws Amendment (Putting Members’ Interests First) Bill 2019 image
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Treasury Laws Amendment (Putting Members’ Interests First) Bill 2019

Published: 05 Aug 2019

ISA shares the concerns that have motivated the current Bill: younger and lower-balance members of superannuation funds should be protected from having their savings unduly eroded by expensive and inappropriate opt-out insurance. It is a poor outcome for young and new members to the superannuation system to experience their initial savings evaporating along with the opportunity for compound returns.

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