ISA and FSC clash over super in awards debateBY JAMES FERNYHOUGH | FRIDAY, 29 NOV 2013 12:00PMThe industry superannuation sector has spoken out against the government's plan to change the industrial awards system, following the release of a discussion paper by Assistant Treasurer Arthur Sinodinos yesterday. Related News |
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Jason Huljich
JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
The strategic agreement between FSC and ISA fell over at the first hurdle! There is no way an employer can choose from 122 funds, this is a ridiculous situation. It is essential that a short list is available for each employer, otherwise we will go back to the bad old days of mis selling. The FSC is completely out of line on this one.