On 5 February 2008 the federal government announced the formation of the Financial Services Working Group dedicated to looking at the key issues associated with financial services advice and disclosure. The Working Group comprises senior officials from the Department of Treasury, the Australian Securities and Investments Commission (ASIC) and the Department of Finance and Deregulation.

Soft compulsion is a method to increase retirement savings by automatically increasing the individual employee’s superannuation contributions, but allowing the individual to opt out of this arrangement. It is based on the assumption that individuals, left to their own devices, will often fail to make sufficient superannuation contributions to ensure that they receive an adequate...

Retirement income and superannuation have been significant themes for the Commonwealth government since Federation. The following chronology notes some of the significant dates in the development of the current retirement income system.Retirement income and superannuation have been significant themes for the Commonwealth Government since Federation. In common with other countries Australia’s retirement income system has...

This paper presents background information on past events and current arrangements for any discussions following the recent release of the report of the review of military superannuation.

This report makes 48 recommendations with a particular focus on fraud, financial abuse, substitute decision making, and family agreements.