Shorten reins in employer involvement in default superBY MELANIE TIMBRELL | THURSDAY, 23 AUG 2012 11:45AMMinister for Financial Services Bill Shorten has been accused of 'gazumping' the Productivity Commission inquiry into default super by moving to head off options that would give employers more choice in fund selection. |
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The Treasury and DEEWR joint submission makes no mention of the integrity of the government nor the minister. Just as well.
For a very slow moving government so slow at making anything happen, they sure are incredibly fast in short(en) circuiting anything that could threaten the strong hold of unions on member funds. I just wonder if it might have anything to do with FUMs?