Date posted: 08/08/2022

Submission on Superannuation Annual Members' Meeting Notices

Joint CAANZ/CPA submission on Treasury Exposure Draft Regulations on Superannuation Annual Members’ Meeting Notices


In brief:

  • Agree could lead to lower costs
  • Do not believe will lead to noticeably or materially lower fund operating costs

 

CPA Australia and CA ANZ agree that the proposed amendments, if implemented, could in theory lead to lower administration costs. However, we do not believe that these amendments, when taken on their own, will necessarily lead to noticeably or materially lower fund operating costs and therefore higher member account balances.

 

 

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