Super funds should be 'more transparent' about paying fines | Sky News Australia

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NSW Liberal Senator Andrew Bragg has told Sky News superannuation funds are paying fines with their members’ money should be more transparent with their customers. KennyReport

NSW Liberal Senator Andrew Bragg has told Sky News superannuation funds paying fines with their members’ money should be more transparent with their customers.

Mr Bragg said super funds only disseminate information about fines they have paid through press releases. “The typical investor don’t read press releases,” Mr Bragg said. Mr Bragg recommended super funds send an email to members informing them of the fines. “There are a lot of areas where we can improve transparency,” Mr Bragg said. Image: News Corp Australia

 

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