Don’t rely on markets to sort conflicts of interest

So while the US government asks you to trust in the dollar and god, for superannuation fund members our research    suggests you may be best trusting in representatives of your fellow fund members, and making sure that the fund you are in has people with their savings at stake on the fund board.   

 

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Shield, First Guardian reforms must not become a covert operation to restrict competition

There is broad consensus in industry and Canberra that the collapses of the Shield and First Guardian master funds – and failures that led to them – demand a regulatory response. But getting that response wrong could create an uneven playing field in the industry and some counterproductive consumer outcomes.

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