Comments from new ASIC chair should prompt government to ditch super reforms, ISA claims

By James Harkness · 19 October 2017 · Locked

Comments from new ASIC chair should prompt government to ditch super reforms, ISA claims

ASIC Chair's Shocking Warning to the Government

The incoming ASIC chair has made explosive comments about financial institutions, sparking calls for the government to rethink its super fund reforms. But what exactly did he say, and what does it mean for your super?

Read the full article →

Summary

Comments made by the incoming chair of Australian Securities and Investment Commission (ASIC) indicating financial institutions have forgotten whose money they are investing should prompt Federal Government to rethink its super fund governance reforms, argues the Industry Super Australia (ISA). This week, Financial Services Minister Kelly O’Dwyer recommended that James Shipton, a former Goldman Sachs […]

Tags: Asic, Australian Securities And Investment Commission, Industry Super Australia, super fund, super fund governance, Superannuation