Stage 1: How to assess efficiency and competitiveness
This study is now complete. The commissioned study developed criteria to assess the efficiency and competitiveness of the superannuation system.
- Issues paper 16 Mar 2016
- Draft report 2 Aug 2016
- Final report 25 Nov 2016
The issues paper covered a range of issues on which the Commission sought information and feedback, and was intended to assist you in preparing a submission.
Initial submissions were due by 20 April 2016.
The draft report was released on 2 August 2016. You were invited to examine this draft report and comment on it by written submission by 9 September 2016.
The final report was released on 25 November 2016.
In developing the criteria, the Commission was to have regard to operational efficiency, allocative efficiency and dynamic efficiency. The Commission was also required to consider the nature of competition in the superannuation industry, and the effect of government policy on the competitiveness and efficiency of the system.
The development of these criteria is intended to provide transparency and certainty about how the superannuation system will be assessed ahead of full implementation of MySuper. The Government stated that the Commission will be asked to undertake this assessment after 1 July 2017.