Protecting Consumers and the Promise of Superannuation in an Evolving Financial Ecosystem

The government is announcing further reforms to strengthen consumer protections and building the resilience of the Australian superannuation and financial system.

The reforms will:

• make the financial system safer by strengthening protections across the superannuation, advice and investment ecosystem
• improve access to safe, secure financial advice and guidance so Australians can navigate an increasingly complex retirement system with greater confidence
• place the Compensation Scheme of Last Resort on a firmer and fairer footing so it can continue to provide meaningful protection when all other safeguards have failed.

Download the fact sheet to learn more about these reforms.