Josh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Hansard source

I can confirm to the House that this parliament has actually passed legislation implementing the royal commission's recommendations, including recommendation 3.6 to prohibit super funds from inducing employees and recommendation 3.7 introducing civil penalties for trustees and directors of super funds. We have also passed regulations that extend AFCA's remit, in terms of dealing with financial complaints, back to 1 Jan 2008. We have legislated product intervention powers—

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