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ARTICLE · 12 SEPTEMBER 2018

Superannuation fund governance

Will changes recommended in the report by the Productivity Commission into the superannuation industry now be implemented?

AustraliaStrategy

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.

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