This consultation process has now been completed. Submissions availableDate
The Government has released for public consultation an exposure draft for the intra fund consolidation of superannuation interests and the accompanying explanatory materials.
This measure will provide Funds a framework within which to administer intra fund consolidation. The amendments place a duty on trustees to establish and publish rules setting out a procedure for consolidating a member’s inactive interests within their fund on an annual basis.
Please note that this consultation was the first exposure draft relating to intra fund consolidation of superannuation interests. A later exposure draft was released in August 2012.