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Second Reading Speeches

Superannuation Legislation Amendment (Transparency Measures) Bill 2016

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Not Proceeding
Parliament no
44

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Summary

Amends the

Corporations Act 2001
to: require trustees of regulated superannuation funds with five or more members to publish a choice product dashboard for each of their fund’s ten largest choice investment options; exempt pooled superannuation trusts and eligible rollover funds from the product dashboard requirements; implement the existing portfolio holdings disclosure obligations; and require that funds publish, for each of their investment options, information about the nature and value of financial products or other property that the fund or associated entity of the fund, has directly invested in.