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Bragg also queried whether there were too many organisations seeking to represent the superannuation industry. Later, answering a query from Super Review, Bragg said the current situation of half a dozen industry organisations seeking to represent the industry was “intolerable and unsustainable”. When the question of how many associations were active in seeking to represent the superannuation industry, the AMP represents acknowledged that “some consolidation would be sensible”. The committee hearing heard from the Financial Services Council (FSC) that in terms of the proposed new legislative arrangements around members’ best financial interests, it was possible that superannuation funds could be challenged on whether their membership of particular industry associations was delivering members value for money.

Andrew braggBlake briggsAssociation of superannuation funds australiaFinancial services councilAustralian institute of superannuation trusteesSuperannuation fundsAustralian instituteSuperannuation trusteesSenator andrew braggSuper reviewஆண்ட்ரூ தற்பெருமைபிளேக் பிரிக்ஸ்சங்கம் ஆஃப் சுப்பெறன்ணுஅதிோன் நிதி ஆஸ்திரேலியாநிதி சேவைகள் சபைஆஸ்திரேலிய நிறுவனம் ஆஃப் சுப்பெறன்ணுஅதிோன் அறங்காவலர்கள்சுப்பெறன்ணுஅதிோன் நிதி