PolicyTax & SuperSuperannuationPrint articleASIC warned unions, ACTU on super fundsHannah WoottonColumnistJul 25, 2023 – 6.32pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginThe corporate watchdog formally warned two unions and the ACTU that communications sent to members about three industry or not-for-profit superannuation funds before they collapsed may have breached financial advice and consumer protection laws.The incident, revealed in responses to questions on notice at a Senate inquiry, highlight the risk cosy relationships between some unions and their related super funds may pose to members’ retirement savings.Loading...Hannah Wootton is a Rear Window columnist, based in Melbourne. Connect with Hannah on Twitter. Email Hannah at hannah.wootton@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreSuperannuationRegulationAndrew BraggSuper warsTrade unionsAustralian Council of Trade Unions Paddy CrumlinSuper & Wealth SummitLatest In Tax & superFetching latest articlesMost Viewed In Policy
