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Superannuation

Super funds must protect members, says Kirkland

The detriment of Shield and First Guardian Master Funds undermines trust in the superannuation system, ASIC commissioner Alan Kirkland warned, saying trustees must revise their processes to avoid exploitation by super switching schemes.

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Read more: ASICMacquarieAlan KirklandFirst Guardian Master FundShield Master FundLaw Council of AustraliaNetwealthSuperannuation Lawyers Conference