Rice Warner’s submission to the Productivity Commission: ‘Superannuation – alternative default models’

  • On November 17, 2016
The Productivity Commission (‘Commission’) has been asked to examine alternative models for a formal competitive process for allocating default members to superannuation products. Further, it will develop a workable model that could be implemented to replace the current default model. In this submission, we argue that the structure of the current system can be improved, […]

Superannuation efficiency and competitiveness: Rice Warner’s submission to the Productivity Commission

  • On September 22, 2016
In its final report (November 2014), the Financial System Inquiry (FSI) commented that “the superannuation system is not operating efficiently due to a lack of strong price-based competition”. Amongst several significant recommendations for change in the superannuation industry, it gave notice that more efficiency is needed or a new system of allocating new default fund […]

Objective of Superannuation Submission

  • On April 13, 2016
This submission has been prepared by Rice Warner as a response to the Discussion Paper, Objective of Superannuation, issued by Treasury on 9 March 2016. The Financial System Inquiry (FSI) recommended, that the primary objective of superannuation be: To provide income in retirement to substitute or supplement the Age Pension The Government has accepted this […]

Rice Warner Pre-Budget Submission 2016 – 2017

  • On February 8, 2016
Rice Warner has submitted its Pre-Budget submission to Treasury.   As we head towards May’s important budget, there has been significant media commentary and speculation around superannuation reform.  We are concerned at the large number of proposals, many of which have not been costed and which do not show the long term impact of the […]
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