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.
So the FAAA and professional adviser bodies should and must call for this funding to be deducted from this ASIC…
Yet bother reason I’m glad I left the FAAA. Haven’t represented the betterment of their members for a long time.…
Why isn't the FAAA making the profession better for their existing members? As it currently stands you would be mad…
Using migrants to increase financial adviser numbers is not in the interests of the FAAA membership. Is this something the…
And have rocks in their head.