Liberal candidate with industry fund credentials

14 January 2016
| By Mike |
image
image
expand image

Controversy has emerged around a Victorian Liberal Party Senate pre-selection candidate who also happens to be a staffer within Australia's largest industry superannuation fund, Australian Super.

The candidate is Jane Hume who, apart from describing herself as a Senate Candidate for Victoria for the Liberal Party also describes herself as being a Senior Policy Adviser at Australian Super.

Hume's employment within the industry fund has given rise to a Facebook discussion in which some participants have expressed concerns about her position on key Government superannuation policy such as fund governance and choice of fund.

One participant in the discussion stated, "All Senate Candidates should make a public statement supporting Federal Minister [Assistant Treasurer] Kelly O'Dwyer's reform agenda, which includes: EBA Reform for Super, full choice for Default Super Funds & Independent Directors for all Industry Super Funds. Right now".

However Hume's background reveals a long career in the financial services industry including positions at National Australia Bank, Rothschild Australia Asset Management and Deustche Bank. Further, she has held office on Victorian Liberal Party committees and was a Liberal candidate in the 2010 Victorian election.

A number of former senior Liberal politicians are now serving on the boards of industry funds organisations, Hume is possibly the first person to be employed by an industry fund prior to becoming a Liberal politician.

AUTHOR

Add new comment

The content of this field is kept private and will not be shown publicly.

Recommended for you

sidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

3 months 4 weeks ago
Kevin Gorman

Super director remuneration ...

4 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

4 months ago

The asset manager is bolstering its investments in the global energy transition and climate opportunities....

3 days 4 hours hence

The ethical investment manager has reported record FUM as its growth trajectory continues apace....

18 hours ago

The $135 billion fund has transitioned away from TAL Life Insurance following an “extensive tender process”....

18 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND