The Productivity Commission has handed the federal government its final report into reforming the 2-point-8 trillion dollar superannuation sector.
The major recommendations are to revoke the licences of super funds that consistently under-perform and give employees a list of the 10 best-performing super funds to choose from when they start working.
It also suggests only giving new entrants to the workforce a default super account.
The Treasurer Josh Frydenberg says the report does expose flaws in the system.
Listen to the feature in Bangla in the audio player above.
