CEO Communiqué August 2021

This Communiqué presents pertinent information regarding Australia’s changing superannuation system, a summary of legalsuper’s performance results for the financial year ended 30 June 2021 and a brief description of how we are applying the lessons learned during the peak of COVID-19 to this rapidly evolving post-pandemic period.

At the time of producing this Communiqué, debate at the highest levels of Government and business continued to occupy daily mainstream media.

However, evidence continues to show the majority of Australians – especially younger people – remain generally disengaged from their superannuation,  and while such heightened media coverage may assist in addressing this  situation, the reality is that continuing uncertainty about proposed reforms  and debates about regulation and oversight do little to increase members’ engagement with superannuation.