In the December 2013 edition of Superfunds magazine, the CEO of ASFA, in her regular column, discusses the three major groupings of stakeholders in the superannuation system in Australia. In order, they were listed as 1) policy makers, 2) the general community and 3) individual fund members. When listing the fund members as the third group, the author said that individual fund members are “arguably for many, the most important”.
If I were writing that column, I would have reversed the order and dropped the “arguably” clause. Fund members are the most important stakeholders. The rest simply do not matter.
Australian Actuary 