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Objective of superannuation

9 March 2016 | Discussion Paper

In October 2015, the Government announced that it would develop legislation to enshrine the objective of superannuation, as part of its response to the Financial System Inquiry (FSI).

The Government has accepted the recommendation of the FSI that the objective of the superannuation system is to provide income in retirement to substitute or supplement the Age Pension.

The Government has released today the discussion paper entitled ‘The objective of superannuation’. This paper provides background and questions for consultation on the proposed objective of the superannuation system.

Submissions closed on Monday 11 April 2016

Key Documents


100 submissions were received for this consultation.

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