Senate debates

Thursday, 19 September 2019

Bills

Treasury Laws Amendment (Putting Members' Interests First) Bill 2019; In Committee

10:19 am

Photo of Jane HumeJane Hume (Victoria, Liberal Party, Assistant Minister for Superannuation, Financial Services and Financial Technology) | Hansard source

The government's concern is about the billions of dollars that these young people and people with low superannuation balances are having eroded from their superannuation accounts every single year for insurances that they may not know that they have, that they probably don't need and that they may not be able to claim on. That's what we're trying to deal with here.

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