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Stronger Super reforms
In December 2010, following Jeremy Cooper’s review into the governance, operation, efficiency and structure of Australia's superannuation system (the ‘Cooper Review’) , the Australian Government responded by supporting or supporting in principle 139 of the 177 recommendations made in the Cooper Review report.
The government has since responded to the Cooper Review report with the announcement of the Stronger Super reforms. The reforms cover a broad range of issues in superannuation, including the following:
- MySuper
- SuperStream
- Self-managed superannuation funds
- Governance.
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On 12 December 2011, the government released the second tranche of legislation for its Stronger Super (MySuper and governance) reforms.
Published on 16 December 2011