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*The above material, whilst correct at the time of publication may include references or statements which are no longer current.