ART welcomes mandatory service standards for the superannuation industry

Australian Retirement Trust (ART), one of Australia’s largest retirement savings and income funds, welcomes the Federal Government’s announcement to introduce mandatory service standards to further strengthen the superannuation system with a focus on improving member outcomes.

Australian Retirement Trust Chief Executive Officer, David Anderson, said the fund welcomes the action taken by the Federal Government to further strengthen the superannuation system for the benefit of all Australians.

"At Australian Retirement Trust, we are committed to our members, which is why we prioritise being there when they need us most. With Australia’s superannuation assets passing $4 trillion, today’s announcement is a step forward for the sector to ensure Australians’ retirement investment is managed with the standard of service and care Australians expect and deserve."

"We look forward to working with the Government, consumer advocates, regulators and the broader superannuation industry to develop the standards and ensure all Australians receive financial security for retirement with fairness and dignity."