The Superannuation Legislation Amendment (Further MySuper and Transparency Measures) Bill 2012 received Royal Assent on 3 December 2012 as Act No 171 of 2012. The Bill is the third tranche of MySuper legislation and contains amendments relating to the transition of accrued default balances to MySuper by 1 July 2017, default funds in modern awards, superannuation fees, providing intra-fund advice, insurance, and the disclosure of executive pay and investments.
[LTN 235, 4/12]