AUSTRALIA - Australia's Labor party will usher in "major" changes to superannuation if it wins this month's election, Nick Sherry, senate candidate for Tasmania and shadow minister for superannuation and intergenerational finance, banking and financial services, has promised.
Speaking exclusively to Global Pensions, Sherry said Labor would start by automatically rolling together superannuation accounts. “Currently there are six million lost accounts and we want to clea...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here