Disappointing position taken again by FSC if this article is accurate - blame the legislation for inaction rather than suggesting a fix.

FSC members are running a business. they are not running a trust for the benefit of members. Their business is reliant on the employer's goodwill and FSC members are conflicted if they start acting in the best interests of their members and seek to chase the employers who do not do the right thing. There are plenty of these employers as we know from the research and just by looking at the contribution history of family and friends relative to their monthly salary received.

FSC gives us yet another reason for Australians to move their superannuation accounts to those funds running a trust for the benefit of members and away from those funds running a business for the benefit of senior management and shareholders.