CSC / Royal Commission

WHY DOES THE COMMONWEALTH SUPERANNUATION CORPORATION
ESCAPE ROYAL COMMISSION SCRUTINY ?
 
The Commonwealth Superannuation Corporation (CSC) is the fund manager for both the Defence Force Retirement and Death Benefits (DFRDB) scheme and the Military Superannuation and Benefits Scheme (MSBS).
 
The Terms of Reference of the Royal Commission into Financial Services specifically excludes only ONE financial organisation from scrutiny - you guessed it - the CSC !
 
It is reasonable to ask why the Government doesn’t want CSC Executives to be held accountable before the Royal Commission in the same way as other financial organisation executives ? What is the Government trying to keep hidden from the Australian people? 
 
The DFWA has prepared two Facts Sheets on this issue.  The Fact Sheets detail with (1) Overview and (2) Rebuttal of Government Excuses.   We also have a detailed briefing paper that outlines our concerns about the conduct of the CSC in administering Defence Superannuation. 
 
There is also a major article in Camaraderie First Edition 2018 and a further article in the second edition 2018 is expected.

Download the Campaign Flyer here !

MEMBERS, Please raise this matter with your local Member of Parliament and demand action !

15 June 2018 - CSC CAMPAIGN / ROYAL COMMISSION - LETTER TO THE PM.  Who could now in hindsight possibly believe that CSC has been so effectively well regulated that it need not be put under at least the same scrutiny as the rest of the Financial Institutions are under the current Royal Commission ? Given that perspective, a joint RSL/ADSO Open Letter to the Prime Minister has been released and will also be distributed to each MP and Senator, plus the media as well.

 

 
 
 
 
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