A commitment to no more changes to superannuation is welcome but removing super from the budget cycle is necessary for long-term stability in the sector.

Superannuation changes from Labor were not backed by voters at the recent federal election, but will changes proposed by the government get across the line?

I’m not sure if you’ve noticed, but since the financial services royal commission released its final report the industry funds have become more vocal about what they think should happen to the superannuation sector. And surprise, surprise it involves going after SMSFs.

This month’s federal budget contained very few changes to superannuation and those it did could be considered sensible and consistent.

Despite assurances they are ready to support the SMSF sector, the government and federal opposition treatment of the sector says otherwise.

Since the afternoon of 4 February, the talk dominating financial circles has all been about the final report from the banking royal commission.