SCOA Australia’s newly appointed President, Peter Illidge, today supported calls by the Shadow Minister for Defence Personnel to have the Commonwealth Superannuation Corporation (CSC) included in the Banking Royal Commission.
Government employees have very little say in how their funds are invested or their scheme administered.
“It is important that the CSC be included in the Banking Royal Commission to make sure that every retired government employee, be they military or civilian, can have confidence that their scheme is administered and managed in their best interest”, said Peter Illidge.
You can read the full press release here.
SCOA Australia
Canberra, 12 February 2018