Published on 28 April 1992.

ALRC Report 59 (tabled 28 April 1992) identified two means of government intervention to ensure retirement savings in superannuation were protected—requiring superannuation schemes to insure against the risk of failure; and prescribing measures to reduce liquidity and institution risk.The report reflected that prudential supervision was an acceptable way of intervening in the market.

Collective Investments: Superannuation (ALRC Report 59) concluded that existing methods of regulatory control of superannuation schemes were unsuitable.

View ALRC Report 59 in HTML on the AustLII website.