Improving the governance of superannuation funds in Australia

John Farrar, Kenneth Levy

Research output: Chapter in Book/Report/Conference proceedingChapterResearchpeer-review

Abstract

Prior to 1945 superannuation was the exception rather than the rule. Individual pensions were uncommon and generally either self funded by the employer as in the case of banks and the public service or were effected through contractual arrangements such as insurance or purchased annuities. A national culture focussed on the availability of the Australian Government pension and a reluctance to embrace the concept of superannuation by many employers and employees. Limitations on trustee investment inhibited the growth of superannuation funds)
Original languageEnglish
Title of host publicationContemporary issues in corporate governance
Place of PublicationChristchurch, New Zealand
PublisherThe Centre for Commercial & Corporate Law Inc
Pages415-439
Number of pages25
Edition1
ISBN (Print)0959800182
Publication statusPublished - 2011

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  • Cite this

    Farrar, J., & Levy, K. (2011). Improving the governance of superannuation funds in Australia. In Contemporary issues in corporate governance (1 ed., pp. 415-439). Christchurch, New Zealand: The Centre for Commercial & Corporate Law Inc.