Post-implementation Review – Treasury
On 3 November 2011, the then Government introduced legislation to allow superannuation funds to offer tailored MySuper products to employers with more than 500 employees. A Regulation Impact Statement was required at the time the decision was made, but was exempted from the best practice regulation requirements by the then Prime Minister. Consequently a post-implementation review (PIR) was required. A PIR was completed by the Treasury in consultation with its Ministerial Advisory Council and was assessed as compliant by the Office of Best Practice Regulation. The PIR found the proposal imposed an annual regulatory burden of $68,750.
- Tailored MySuper PIR [
1.1MB] - Tailored MySuper PIR [
286KB]