Gaunty,
How right you are about the Super.
In my Base, the AMP, Ansetts providor, was approached to provide the details of funds so members could forward them to banks etc to keep the wheels turning until Ansett got the payouts organised.
AMP was "unable" to provide any details as ALL trustees had to agree. Ansett as a trustee would not agree.
It was a nice touch, and as I am best aware the majority of our group, who had no other reason to change, withdrew the funds from AMP as soon as could be arranged.
Some 300M total over Aust as I recall, served them right as well.
There was a rumour that the fund was oversubscribed and a figure of 90M was surplus at the washup.
As not all had resigned, the fund could not be wound up.
There was again a rumour that some individuals had suddenly became "noticably rich" and the balance was "creatively" used to buffer the "loss" for the year.
All rumour of course, but in "the fullness of time" will come out I hope.
The truth will be stranger that fiction, so roll over Hawke so we can get on with it as that appears to be a factor.
