Australian super funds require a two-thirds majority between employers and unions
Kristian Fok · Kristian Fok – Australia's CBUS Superannuation CIO (Capital Allocators, EP.66) · Aug 27, 2018 · at 12:57
Kristian Fok, CIO of CBUS Superannuation, explains the governance structure of Australian industry superannuation funds and the consensus required to pass policies.
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“So you got to remember that these funds are comprised of both employers and unions, right? And they need two thirds agreement to make anything happen.”
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