3 April 2012 14:01
Without union involvement in superannuation, we may never have stamped out hidden fees paid to financial advisors on compulsory superannuation contributions.
And, instead of employee and employer representatives on boards, we would have ended up with a lot more super funds run by the corporate “experts” who brought us the GFC.
Fiona Reynolds is the CEO of AIST
The on- and off-stage antics at the extravagant Milken Global Conference in Los Angeles tell us a lot about where institutional capital is right on the money – and where it is putting its head in the sand. And while the event retains the extraordinary intellectual and financial firepower that has always been its signature, something has shifted. The absences are as instructive as what's on the program.
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