Superannuation Legislation Amendment (Further Measures) Bill 2012

This consultation process has now been completed. Submissions available
Consultation Type
Exposure Draft

Key Documents

This exposure draft contains the fourth tranche of legislation for the Government’s Stronger Super (MySuper and governance) reforms.

The Bill makes amendments relating to: the use of specific service providers; infringement notices; trustees providing reasons for their decisions; an increase in the time limit for members to lodge complaints with the Superannuation Complaints Tribunal; restricting voting prohibitions; resource and risk requirements for dual regulated entities; seeking leave from the Court before bringing action against an individual director for a breach of their duties; extending the defence of having acted with reasonable precaution to cover breaches of MySuper obligations; and consequential amendments.


12 submissions were received for this consultation.