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

Yes, if I can. Senator Whish-Wilson, I think you have entirely missed the point and premise of this legislation. It is to look after vulnerable and young people to ensure that they have a better chance of saving for their retirement and increasing their retirement savings, getting their retirement savings to a point where they have a critical mass and can benefit from compound interest. It is to get them to that critical mass. This has absolutely nothing to do with an association with any particular firm or any particular tribe in this industry. It is entirely about looking after the most vulnerable cohorts in our society, who, at the moment, are unfairly disadvantaged by the superannuation system and by the insurance sector.