Proposed ‘your super, your choice’ measures re-emerge

Proposed new laws would allow a choice of superannuation fund to employees entering into workplace determinations or enterprise agreements on or after 1 July 2020.

The Federal Government has reintroduced proposed amendments to choice of superannuation fund legislation into the House of Representatives.The measures, contained in Treasury Laws Amendment (Your Superannuation, Your Choice) Bill 2019, propose that where a workplace determination or enterprise agreement is made on or after 1 July 2020, an employer will need to allow new employees to choose their own superannuation fund (unless other circumstances exempt the employer from doing so).Employers w...

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Authors: Paul Hum, Jason Suwignjo

Published Date: 09 December 2019