Addressing the Financial Services Council conference in Brisbane, Shadow Minister for Financial Services Mathias Cormann pointed to Treasurer Chris Bowen's comments yesterday that "you can't have it both ways".
Mr Cormann said it is possible to promise no negative changes while still pursuing positive change.
"Instead of embracing the need for positive changes, Mr Bowen said we can't have certainty and still pursue positive changes," he said.
"If we are successful at the next election there will be no detrimental changes to super. That doesn't prevent us fom pursuing positive changes, or from pursuing necessary changes we have flagged before," he said.
He added that any material charges to super must undergo a proper cost benefit analysis.
Mr Cormann reiterated promises to improve competition in the default fund market and to remove the current "anticompetitive" fair work arrangements.
A Coalition government would look to implement relevant Cooper Review recommendations, including the requirement for independent directors on super fund boards, and would properly address excess contributions penalties in relation to both concessional and non concessional caps, he added.
The Coalition would also conduct a major financial systems enquiry to ensure the balance is right between competitiveness and stability in the sector, he added.
In terms of an increase in the super guarantee, Mr Cormann said while the Coalition would not look to rescind the measure, increases would be slowed until the could be afforded under the budget.
He also reiterated Coalition promises to repeal aspects of Future of Financial Advice reforms, including the complete removal of opt-in.
He said a Coalition government would be in a position to move quickly on such changes, with the relevant legislation already drafted.
