The minister in charge of the super sector still provides tacit endorsement to a fund that performs so badly it is being regulated out of stand-alone existence.
Not a month goes by without a new reason to ponder the peculiar priorities of Labor’s Financial Services Minister, Stephen Jones.
To a growinglist of debacles and reversals, we add his spruiking of Crescent Wealth, a high-fee and sharia-compliant superannuation fund headed by NSW Labor powerbroker Talal Yassine.
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Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
