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Old 15th Dec 2006, 09:21
  #186 (permalink)  
Pegasus747
 
Join Date: Nov 2004
Location: Sydney
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Superanuation

SUper is governed by the trust deed. It is fully funded and held in trust. Qantas or the new owners cannot access the funds.

What is vitatally important thought is that our trustees continue to stand up for employees and the four employees trustees are well places to protect us .they include Ian Woods the President of AIPA and MIchael Mijatov the Secretary of the FAAA. Having these guys in our corner is a big plus and makes me more confident.

what can happen however is that the new owners could close down the current scheme though and put us all into new schemes. Our current entitlements would be protected i would think even in that circumstance.


We live in challenging times indeed
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