FINSIA seeks help with super objective response

9 March 2023
| By Laura Dew |
expand image

Professional body FINSIA is seeking volunteers to help with its submission to Treasury consultation regarding the objective to superannuation

Earlier this year, Treasury released a consultation into creating a defined objective for super and sought submissions from the industry on how a specific objective could improve accountability and transparency. 

Its proposed objective put forward was: “The objective of superannuation is to preserve savings, to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way”.

FINSIA head of education, Kylie Blundell, said: “Practitioner input from across our membership has always been a cornerstone of FINSIA advocacy so we can make our collective views known to Treasury.

“It is an important part of FINSIA’s role to complement the work of policymakers and advocate on behalf of our members.

“We are looking to include additional volunteers from our member base who we know will bring a diverse range of experiences and expertise from the financial services sector to help formulate FINSIA’s submission.”

The closing date for submissions back to Treasury was 31 March, 2023.

Read more about:


Add new comment

The content of this field is kept private and will not be shown publicly.
sidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

2 months 1 week ago
Kevin Gorman

Super director remuneration ...

2 months 2 weeks ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

2 months 2 weeks ago

A healthy lifestyle doesn’t have to be a question of all or nothing. If you can take small, consistent steps to improve your wellbeing, then you’re on the right track. It...

1 day ago

The $24 billion fund is now providing full-time super guarantees for part-time employees rejoining the workforce. ...

2 days 21 hours hence

New research by the Financial Services Council reveals Australians largely agree with the government’s proposed wording for the objective of superannuation towards retire...

1 day 19 hours hence