Diluting performance test could soften superannuation’s core mandate
Australia should be wary of any changes to the current system that would tamper with the funds’ fiduciary duty to act in their members’ best interests.
There is no shortage of views on how to optimise the nation’s $4.3 trillion superannuation system, which collectively ranks as one of the world’s largest and most powerful institutional investors.
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The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.
