Senate debates

Thursday, 19 September 2019

Bills

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

10:26 am

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

It's entirely up to trustees whether or not they use this exception. They must act reasonably, as you would understand, based on the information that is available to them. They can simply ask their members, and it's up to the members to provide the information. Some funds are already doing this. They already have this information.

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