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Minister hits out at super industry's 'complacency and inertia'

Financial Services Minister Jane Hume has criticised the $2.9 trillion superannuation industry as being beset with "complacency and inertia", saying it had to be "dragged kicking and screaming by government" to implement reforms following the banking royal commission.

Minister hits out at super industry's 'complacency and inertia'
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Minister hits out at super industry's 'complacency and inertia'

In a speech in Sydney on Tuesday, Senator Hume highlighted the "long-standing problems we all know are there" but which the industry has failed to address. 

Read more at The Age.

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