The Financial System Inquiry Panel released a report in December 2014. This Government-commissioned report includes 44 recommendations for changes to the financial industry. 28 of those recommendations may impact on super as a key element of Australia’s financial system.
While the Government has not yet responded to the report and some of the recommendations are not very detailed, AvSuper still believes it is important for members to understand what may change. Thus, we have prepared a fact sheet summarising the report’s findings.
If you have questions about this report or want to adjust your investment in super, please contact our member advice consultants for help.