Research suggests it's not the independence of super fund directors that matters, but their training and experience.
It's a good thing that Australia's large and growing super sector will attract greater policy focus in coming years.
The Turnbull government will ban businesses from charging consumers excessive surcharges on their credit cards, and move to inject more competition into the superannuation industry.
There are increasingly very sound financial reasons for super funds to strategically divest from some areas.
In a controversial move, affiliates of the Industry Super Funds network (AustralianSuper, Cbus and Industry Super Holdings) have spent a combined A$3 million of member funds on an online news website…