6 December 2004

Superannuation Choice Of Fund Advisory Committee

Employer, industry and consumer interests will be represented on a five-person independent advisory committee established to assist the Australian Taxation Office in the development of the Government's superannuation 'choice of fund' education campaign.

Minister for Revenue and Assistant Treasurer, Mal Brough, today announced the appointment of the advisory committee members that will provide vital input into the key messages and timing of the choice of fund education campaign.

"I am pleased to appoint John Keniry, Bruce Fadelli, Linda Elkins, Mara Bun and Howard Rosario to the Choice of Fund Advisory Committee.

"The Committee draws on a wealth of market experience, and each member has a solid understanding of the target groups which the education campaign will focus on. I thank each member for agreeing to be part of the campaign," the Minister said.

"The ATO and ASIC will work with the committee to review the information campaign ensuring that the products and messages are appropriately targeted.

"The campaign will be crucial in alerting those most affected by choice, that is, employers and employees, of their responsibilities and rights when choice commences on 1 July 2005."

Attachment

Background Information on Each Committee Member

John Keniry
Director of Ridley Corporation since 1990 and Chairman since 1994.
In 2003 John was the Immediate past President of the Australian Chamber of Commerce and Industry. John has held executive positions with CSR Limited and Goodman Fielder Limited. John is also a member of the Government's Consumer and Financial Literacy Taskforce.

Bruce Fadelli
Member of the Small Business Council.
The Small Business Council is a non-statutory body within the portfolio of the Minister for Industry, Tourism and Resources, reporting to the Minister for Small Business. Bruce is Managing Director of Bromavic Properties. Bruce has extensive experience in small business in the fields of civil engineering, property development, transport, tourism, retail and international trade.

Linda Elkins
Managing Director of Communi(k).
Linda is also a Director of "Education Key" a joint initiative between REST, Sunsuper and STA established to provide education to their members. Linda has a long history in the industry, including as Assistant Director at the Insurance and Superannuation Commission. Linda is also a member of the Investment and Financial Services Association's (IFSA) "Building Consumer Confidence Committee" and has been involved in the development of the Financial Planning Association "DOLLARSMART" program and IFSA's "Education Corner".

Mara Bun
Director CSIRO Business Development.
Mara was the Manager of Policy and Public Affairs of the Australian Consumers' Association from 1994 – 2000. She was a founding member of the National Office for the Information Economy Board of Directors, an Associate Director at Macquarie Bank, and has experience working in the finance sector as a financial analyst.

Howard Rosario
Chief Executive of Westscheme.
Howard is a Fellow of the Institute of Chartered Accountants in Australia and of the Association of Superannuation Funds of Australia. Howard trained as an auditor and has worked as a Company Secretary, a financial administrator and a Chief Executive Officer. Howard is a Director of the Fund Executives Association Limited and a member of the WA Executive of the Association of Superannuation Funds of Australia.