Super governance Bill passes amid cries of favouritismBY BEN COLLINS, MELANIE TIMBRELL | THURSDAY, 16 AUG 2012 11:30AMThe Federal opposition argues that a scale test on superannuation fund trustees inappropriately favours industry super funds. |
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David Woodall
CHIEF EXECUTIVE OFFICER, SUPERANNUATION
INSIGNIA FINANCIAL LTD
INSIGNIA FINANCIAL LTD
Facing his greatest test yet in metamorphosing MLC Super, Dave Woodall is adamant the juice will be worth the squeeze. Jamie Williamson writes.
I wonder how many years it will actually take before a politician truly understands the structure of industry funds? They are not "union dominated" in fact most (if not all) adopt the equal representation model which has an equal number of employer represenatives on the Boards. Unions have no "control" as such, and never will.