Labor’s super fund disclosure rollback under fire

Michael Read and Aleks Vickovich

Aug 4, 2022 – 10.35am

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A leading consumer advocacy group says superannuation funds should be required to provide more detail about political donations, as opposition and crossbench MPs lash the Albanese government over a proposed watering down of disclosure rules for the $3 trillion pensions sector.

The Coalition has launched a long-shot attempt to disallow the floated changes, which critics say would reduce the amount of information funds would be required to provide to members at annual meetings, including around political donations.

Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS.

Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation.