Post date: 30-Aug-2018 05:09:05
LMIVC are encouraging MPF investors to make themselves heard during this period of the Australian Financial Services Industry Royal Commission where inquiries have exposed serious misconduct in the industry, frequently making Australian headlines in recent months. The Australian Tax Office has agreed the LM MPF returned no profit in the 2008 to 2013 years which has huge implications and raises the question of why withholding tax was paid in the first place and the possibility that it was a key element of a very clever fraud. To date 170 MPF investors from the LMIVC community have reported this disturbing information to the Australian Federal Police. LMIVC plan a series of complaints / requests for action in Australia which the LMIVC community is being encouraged to back.