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Industry funds reject majority independent directors

David Murray's recommendation that super fund boards comprise a majority of directors has met with mixed responses from the industry, with the retail side welcoming it but the not-for-profit side broadly rejecting it.

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Read more: SuperannuationDavid MurraySuperannuation FundsIndustry Super AustraliaJohn BrumbyASFAAssociationAustralian InstituteAustralianSuperFinancial Services CouncilISAJohn BrogdenMedia reportsMTAA SuperSuperannuation TrusteesTom Garcia