EISS Super merger with TWU Super ‘in neutral’
Troubled superannuation fund EISS Super has confirmed that its proposed merger with TWUSuper has been placed “in neutral”.
The newly-appointed chairman of EISS Super, Peter Tighe has today outlined the fund’s position in the wake of the departure of its previous chairman and chief executive amid a range of adverse media reports.
Giving evidence before the House of Representatives Standing Committee on Economics, Tighe said that while the merger with TWUSuper was still a possibility, it was currently “in neutral” while the board re-evaluated the issue.
Tighe, who has previously sat on the board of big construction industry fund, Cbus, also acknowledged that consideration had previously been given to a merger with Cbus.
If only the Govt and ASIC put in the same time and effort to ensure retail advisers were better equipped…
I was a risk only adviser for the last 15 years of my advice career. I.e. no inveestment advice in…
Outstanding contribution with analytical precision. Balanced and yet crucially critical on incompetent policy thinking in a free market. Well done…
How is an unrelated sub sector of any real difference to an unrelated Adviser that has nothing to do with…
You're clearly an AIOFP member and most likely licensed by Interprac, The AIOFP record in this area is abhorent.