Dominique Hogan-Doran SC will join a panel event hosted by King & Wood Mallesons on Tuesday 3 August 2021 to discuss the impact of the ‘Your Future, Your Super’ legislative reforms.
Australia’s $3 trillion superannuation system is the fourth largest in the world and is responsible for managing the retirement savings of 16 million Australians.
Your Future, Your Super changes to the superannuation system are promoted as achieving improvements for members in four key ways:
Your superannuation follows you, preventing the creation of unintended multiple superannuation accounts.
Empowering members, by making it easier for members to choose a well-performing product that meets their needs.
Holding funds to account for underperformance, protecting members from poor outcomes and encouraging funds to lower costs and fees to boost Australians’ retirement incomes.
Increasing transparency and accountability for how superannuation funds use members’ savings.