I started drafting a Submission to ASIC to put a stop to bleeding of remaining PIF funds as shown on latest ARL Annual. I have sent similar submission more than a year ago in respect of WC excising inflated fees from PIF funds; with no response.
This time I ask you, fellow members, to put your names to this campaign to show solidarity of our cause. I believe it still is a "salvaging remaining assets by whatever means available" doable approach.
I intend to send it out to ASIC in 3 weeks time, Friday 22 November 2013
Please send E-mail under subject title: Direction to ASIC, PIF member.....Name to: Simon GRUNDEL P.O.Box 61 COFFS HARBOUR NSW 2450
I look forward to many of you joining me in this direct approach.
Thank you,
PS. There was in the past a call from elsewhere to nominate individual unit holdings for some incomprehensible purpose. I campaigned to stop it for reasons of Privacy. This request is simply a call to show solidarity in yet another approach to ASIC. Copies will go to present Government ASIC minders.
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