| When the Coalition came to power a year ago it promised a big shake-up in the corporate governance standards of the country's $1.6 trillion superannuation. Fast forward to today and the Abbott government has made haste to dilute the Future of Financial Advice (FOFA) reforms after some heavy lobbying by the big financial institutions.
But issues of corporate governance seem to have ground to a halt. These include the composition of superannuation fund boards and the role of default funds in the modern award system - areas which have rightly attracted a lot of heated debate in the past few years...............................................Full Article: Source
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