Are you? - A trustee or member of a Superannuation Fund?

At a glance: - The Government recently announced the details of its review into Australia's superannuation system.

You should: - Be aware of the Governments review of the superannuation system.

1. In a recent media release, Minister for Superannuation and Corporate Law, Senator Nick Sherry, provided more details in relation to the upcoming review into the superannuation system in Australia.

2. Senator Sherry announced the terms of reference as well as the expert panel for the review of the superannuation system.

3. The Terms of reference for the review include examining and analysing Australia's superannuation system in light of the following four threshold areas:

- Governance;
- Efficiency;
- Structure; and
- Operation

4. The review will commence early in the 2009/10 financial year and will report to the Government by June 30, 2010.

5. Click here for a copy of the media release or visit the Treasurer's website at www.treasurer.gov.au