1. Too Many Conflicts on Super Fund Boards, PC Finds

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    Too Many Conflicts on Super Fund Boards, PC Finds

    The PC's Karen Chester does not agree industry super funds are deliberately different from other funds and have 'delivered superior returns on average'. Eddie Jim by Joanna Mather Superannuation funds are not doing enough to manage conflicts of interest, especially those that may arise around the boardroom table , the Productivity Commission says...

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    1. Although there have been improvements to trustee board appointment processes to better ensure boards have the necessary skills and experience, there is still much room for trustee boards to do better in this area.
    2. If that was the case, industry funds would not be in the tale of woe of underperforming funds.

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