Opinion
Super’s exceptionalism is a systematic failure
The compulsory super system paints itself as an assembly of rogue operators, but it is the only major sector without an industry code of conduct. This should be remedied.
Michael RoddanNational correspondentThe idea of the exceptionalism of the superannuation sector doesn’t extend to super funds being exceptional.
One only has to look at the latest data published by the Australian Financial Complaints Authority that shows super funds are the fourth-most complained about industry (behind lenders, insurers and deposit takers).
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