Submission

Tuesday, 7 March 2017

Consumer protections in the financial services industry

The Senate Economics References Committee is undertaking this inquiry into consumer protections in the banking, insurance and financial services industry. AIST believes that the numerous exemptions from the regulatory framework for superannuation currently afforded choice (i.e. non-MySuper) products and investment options, platforms and legacy products should be removed to ensure that the retirement savings of all superannuation fund members are equally protected.