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Google News: Call for more independent directors
[The Australian Financial Review] - AIST chief executive Fiona Reynolds said: “The chairman of a fund should have the ability to get rid of non-performing directors.” ASFA chief executive Pauline Vamos said: “There has to be substantial change not only to SIS but to funds' constitutions.
Australians unaware of how super is invested
www.businessspectator.com.au
[Business Spectator] - AIST CEO Fiona Reynolds said the poll demonstrated the need for funds to better communicate with their members. She said funds needed to use plain language to give a clear understanding of how and where super savings were invested.
PRESS DIGEST-Australian Business News - April 2
www.reuters.com
[Reuters] - The Australian Institute of Superannuation Trustees' Fiona Reynolds has called on the Federal Government to give tax breaks to merging superannuation funds for their investment gains and losses. "Lack of capital gains tax (CGT) relief is currently one
Google News: How to beat the scammers
[The Australian Financial Review] - “Stealing information from letterboxes and using that to access funds still goes on but that's likely to be the work of small-time criminal operators,” says Fiona Reynolds, chief executive of the Australian Institute of Superannuation Trustees.
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