The Union is very concerned that the Morrison government’s proposed changes to superannuation laws would harm consumers and go against the advice of the banking royal commission. The Union is concerned the annual reviews, which were designed to weed out under-performers by preventing funds from taking on new members if they failed to meet benchmark returns for two years in a row, essentially would allow retail funds to continue charging exorbitant fees and diminishing the funds available to people in their retirement. We also hold very strong concerns about the government having powers to veto fund...