Transfer fraud more likely with technology advances: ASFA
AUSTRALIA - Technology advances in the transfer of money between super funds has made it easier to prepare forged documents, according to the Association of Superannuation Funds of Australia (ASFA).
Balancing the prompt transfers of money between super funds, at the same time as carrying out sufficient identity checks as a precaution against fraud, is the subject of a new discussion paper for members...
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Video: Jeremy Cooper - Architect of reform
Jeremy Cooper, author of Australia's Cooper review on superannuation, talks about his vision behind a lower-cost, more efficient pension system. He talks about the failure of traditional drivers of competition to lower prices in the financial services...
