Financial Standard Comments - MySuper flips members out of millions: CSSA MySuper may be leaving some disengaged members with much lower life insurance cover thanks to a new form of 'flipping', the Corporate Super Specialists' Alliance (CSSA) has warned. https://www.financialstandard.com.au/feed/latest?story=41204028 Tue, 24 Jun 2014 13:53:30 +1000 Tue, 24 Jun 2014 13:53:30 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by R B (.) Anyone who couldn't see this happening mustn't have been listening to the industry submissions before the rules for "stupid super" were legislated by the former Labor government. Goes to show what the then govt was doing....yep, not listening. It cannot be an unintended consequence when everyone else is telling you it's going to happen!

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]]> R B (.) Tue, 24 Jun 2014 13:53:30 +1000 Comment by Gareth Hall (CSSA) The super fund member also has no recourse against anyone for benefits lost. This was written into the legislation.

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]]> Gareth Hall (CSSA) Tue, 24 Jun 2014 16:29:01 +1000