In brief - Will Royal Commission's findings be
catalyst for change recommended in the Productivity
Commission's report into the superannuation
industry?
Registrable superannuation entities (RSEs), and presumably their
fund members, will be watching the Royal Commission's inquiry
into superannuation with much interest, as suitable
"conduct" continues as an inquiry theme.
Investigations in the current round of commission hearings
mirror many of the concerns raised by the Productivity Commission
in its April 2018 draft report
Superannuation: Assessing Efficiency and
Competitiveness. This report contains the preliminary
results of the Productivity Commission's investigations and its
recommendations for various matters. The purpose of the report is
to improve outcomes for members and system stability, as well as to
provide recommendations to reduce barriers to efficiency and
competitiveness.