Government superannuation policy changes should have one specific objective: to advance the best financial interests of super fund members. To this end, the Coalition government has made some positive changes to the superannuation system. But at times, it gets it wrong, invariably when an even-handed approach to policymaking is not adopted.

In recent months, this has been evidenced in the framing of regulations governing the Your Future, Your Super performance test, which deliberately disadvantaged funds that historically charged lower administration fees (mainly industry super funds) and favoured those that charged higher administration fees (mainly retail super funds).