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The Government’s Your Future Your Super legislation – currently before Parliament – will not achieve its stated intent and should not proceed, the Australian Institute of Superannuation Trustees (AIST) said today.
AIST CEO Eva Scheerlinck said the Bill was so flawed that an entirely new approach was needed to achieve the worthy objective (which AIST fully supported) of addressing superannuation underperformance and multiple accounts.
18 March 2021