Super anonymity or favouritism?

Rollover noted with a quiet smile how angry some financial planners became about the Australian Securities and Investments Commission (ASIC) not naming the superannuation funds who fell short of expectations on member experience.

And given that seven funds opted to head for the exit as a result of ASIC’s scrutiny, perhaps the planners had a point.

Finding himself with a disgraceful amount of time on his hands, Rollover conducted a quite audit of ASIC’s media announcements and reports and concluded that miscreant companies or financial planners were named in every instance.

Related News:

Never mind, Rollover has it on good authority that a couple of Coalition back-benchers are going to be asking ASIC’s executives a few pertinent questions when next they appear before a particular Parliamentary Committee.

Forewarned is forearmed.




Related Content

Is one politician’s ‘recalcitrance’ another’s realism?

Rollover feels certain that Victorian Liberal Senator, Kate Hume, will go far in her parliamentary career if only because she seems to know how to kee...more

Power, influence and the Silken touch

Has AustralianSuper’s chief executive, Ian Silk, retained the services of a spin doctor?This is the question being asked by Rollover in circumstance...more

Deloitte the beneficiary of fairway friendship

In Rollover’s view, few people have a better understanding of group life than Geoff McRae and it seems that he’s not slowing down.McRae left ...more

Author

Comments

Add new comment