RAAFA Tas News and Information

ROYAL COMMISSION INTO BANKING EXTENDED

GPCAPT Carl Schiller OAM, CSM National and Victorian State President RAAF Association

NOTICE TO MEMBERS

 CALL FOR THE COMMONWEALTH SUPERANNUATION CORPORATION TO BE INCLUDED IN THE ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY

 The Government advised the Royal Commission would consider the conduct of banks, insurers, financial services providers and superannuation funds.  However, the Royal Commission’s Terms of Reference excluded the Commonwealth Superannuation Corporation (CSC) from the inquiry.  The CSC administers military and superannuation funds for over 700,000 people, including 230,000 serving and former serving service personnel, and clearly plays a significant role in the well-being of our Service colleagues and their families.

 

There have been many wide-ranging criticisms of the CSC’s operation, and so the Returned & Services League of Australia (RSL) and the Alliance of Defence Service Organisations (ADSO) have issued a Joint Media Statement calling for the CSC to be included in the Royal Commission’s examination of these institutions.  The Air Force Association supports the ‘call’ and considers at the very least, the CSC’s inclusion should provide the transparency expected from the inquiry.

 Members who may have experienced issues with the CSC are encouraged to provide comments to info@veteranclawback.com.au or ComSuper-Military Entitlements at pb250571@gmail.com.

CARL SCHILLER OAM CSM

National & Victorian President

AUSSIE VETERANS WEB SITE

The AussieVeterans Logo

All members are urger to look at the  Aussie Veterans Web Site as it proviodes all kinds of information, including entitlemenst, which is of ineterest to all Veterans.

The link to the web site is:  https://aussieveterans.com