Senators warn on superannuation ‘Sword of Damocles’ By Lachlan Maddock 30 April 2021 A number of dissenting senators have warned that they will not support the Your Future, Your Super (YFYS) bill in its current form, warning they hand unprecedented power to politicians. While the Senate economics legislation committee recommended that the bill be passed – acknowledging “the broad in-principle support for the policy intent of the bill” – Labor senators on the committee held a dissenting view and warned that they would not support the bill in its current form. “This bill as written will not deliver better outcomes for Australian superannuation members,” the senators wrote in their dissenting report.