Coronavirus (COVID-19) updates from the Australian Government

Governance working group

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The Governance working group has discussed technical issues relating to the integrity of the superannuation system. These include the design and implementation of heightened requirements for superannuation fund trustees to manage their fund’s assets prudently and in the best interests of all the members of the fund and a risk-based system for holding financial resources against operational risk.

Membership

Pravin Madhanagopal Financial Services Council (FSC)
Dean Thomas Financial Services Council (FSC)
Eva Scheerlinck Australian Institute of Superannuation Trustees (AIST)
Angela Emslie Australian Institute of Superannuation Trustees (AIST)
David Graus Association of Superannuation Funds of Australia (ASFA)
Richard Rassi Association of Superannuation Funds of Australia (ASFA)
Richard Watts Industry Super Network (ISN)
Linda Rubinstein Industry Super Network (ISN)
Darren Wickham Institute of Actuaries of Australia (IAA)
Mark Cerché Corporate Superannuation Association (CSA)
Heather Gray Law Council of Australia (LCA)
Scott Donald University of New South Wales (UNSW)

Consultation

The Government has announced its decisions on the key design aspects of the reforms.

For more information, please see the Stronger Super Information Pack.