Bank super incentives 'unlawful': ISABY MARK SMITH | MONDAY, 23 MAR 2015 11:50AMBanks who offer their business clients discounts or incentives to switch their employee default super scheme could be breaking the law. Related News |
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Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
While providing benefits directly to the employer is clearly not in members best interests, surely the ISA should get off their high horse about this.
What exactly is provided to union representatives in return for their support? Who is it exactly that utlises the sporting corporate boxes and perks provided with sporting team sponsorship that the owners of ISA indulge in?
Criticism of the overal system is one thing, but this type of commentary by ISA should not be taken seriously.