Bill
Superannuation Legislation Amendment (Transparency Measures) Bill 2016
lapsed, as at 2016-04-15. Treasury portfolio.
- Sponsor
- Not recorded
- Portfolio
- Treasury
Recorded stages
- introduced — 2016-03-17
- second reading — 2016-03-17
- other — 2016-04-15
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2016-03-17.
The bill would require superannuation funds to give members and employers better information about their accounts.
It would update the Corporations Act 2001 to make existing rules on dashboards and investment disclosure easier for the industry to follow.
The changes would start on 1 July 2017.
- Requires improved information for fund members and employers.
- Makes current disclosure obligations more workable for industry.
- Introduces choice product dashboards and portfolio holdings disclosure measures.
Superannuation fund members, employers, and the superannuation industry.
Sources
em
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