Opinion
Unlisted assets mask awkward questions about super governance
We need to be sure that on valuations, trustees are not conducting some tick-a-box exercise and playing with the retirement savings of members.
Richard HoldenEconomics professorIn a scandal eerily reminiscent of the crisis precipitating the banking royal commission, Cbus is grappling with the fallout from its own treatment of dead customers and their distraught families. It’s a toxic brew of incompetence, indifference, and immoral behaviour.
Awkward questions about the role of certain unions in the governance of super funds are also rightly being raised.
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