EISS investigating confidentiality breach
EISS Super is investigating a breach of confidentiality of board documents being sighted by the Electrical Trades Union of Australia (ETU) union.
Answering questions during a parliamentary hearing, EISS chair, Peter Tighe was asked whether he was aware of any director who had shared board documents with a union.
Tighe said there was an issue in relation to documents being sighted by a shareholder that may have been provided by a director.
“There has been a process put in place to investigate that because of those documents are confidential to board discussions,” he said.
“…I understand the documents might have been sighted by the ETU.”
Tighe said he was not fully aware of the details but that the investigation was internal to the operations of the board.
Recommended for you
Super trustees need to be prepared for the potential that the AI rise could cause billions of assets to shift in superannuation, according to an academic from the University of Technology Sydney.
AMP’s superannuation business has returned to outflows in the third quarter of 2025 after reporting its first positive cash flow since 2017 last quarter.
The major changes to the proposed $3 million super tax legislation have been welcomed across the superannuation industry.
In holding the cash rate steady in September, the RBA has judged that policy remains restrictive even as housing and credit growth gather pace.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
215.17 3 y p.a(%)
2
Lakehouse Small Companies
152.92 3 y p.a(%)
3
Loftus Peak Global Disruption Fund Hedged
118.15 3 y p.a(%)
4
Global X 21Shares Bitcoin ETF
75.00 3 y p.a(%)
5
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
61.11 3 y p.a(%)
