Superannuation needs transparency: pension expert

By Adeline Teoh · 6 March 2009 · Locked

Superannuation Crisis: What's Next?

A $200 billion wipeout in superannuation funds has left experts scrambling for solutions. Find out how one leading pension expert thinks the industry can bounce back.

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Summary

With some $200 billion wiped off superannuation books in the last 12 months, an average of $20,000 per working individual, the industry needs to bounce back from the financial crisis and shareholder empowerment is the key, says Colin Melvin, one of Britain’s leading pension experts. “As a result of this global crisis, pension funds are […]

Tags: Accountability, Expert, Financial Crisis, Global Crisis, Shareholder, Superannuation, Transparency