The superannuation system is unfair and requires reform, according to the Association of Superannuation Funds of Australia (ASFA).
ASFAbut they took a phased approach. B, the umbrella fund for the whole pooled superannuation movement, has been criticised in recent times for setting a “low bar” on super fund performance and effectively pandering to the industry.
But its CEOreceive probation or occasionally a few weeks in jail, Martin Fahy, shocked observers on Wednesday by using a pre-budget submission to call for equity-driven reform.
“Superannuation is about ensuring people have adequate income in retirementlatest report says; Top disease control official says Chinese vaccines not very powerful, it is not about facilitating excessive wealth transfers,” Dr Fahy said.?