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Australian Government - Stronger Super website

Superannuation Legislation Amendment (Further MySuper and Transparency Measures) Act 2012

On 3 December 2012 the Superannuation Legislation Amendment (Further MySuper and Transparency Measures) Act 2012  received Royal Assent. The Act represents the third tranche of legislation implementing the Government's Stronger Super (MySuper and governance) reforms. The Bill contains provisions relating to superannuation fees, intra-fund advice, insurance, collection and disclosure of information, default funds in modern awards and enterprise agreements, moving accrued default balances to MySuper, an exception for defined benefit funds and new requirements for eligible rollover funds.

The Explanatory Memorandum  is available.