Discussion paper

The success of representative governance on superannuation boards

Superannuation Retirement Financial inclusion Australia

Australia’s superannuation system has transformed the way Australians think about their retirement. But as the size of the funds increase there is additional scrutiny surrounding the governance structures in place to administer the savings of members. The new Federal Government has kick-started the debate with its discussion paper: Better regulation and governance, enhanced transparency and improved competition in superannuation. It has been simultaneously welcomed and condemned, and while its motivations have been questioned there is now more than ever a focus on the governance on these massive pools of savings.

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