Widows Robbed of Pensions

{Published 23 October 2014} PR 23 Oct 14 The Chairman of the National Australia Bank (NAB), Mr Michael Chaney AO, and other NAB Board Members have been recently provided with copies of genuine Deeds of an occupational pension fund established in South Australia on 23 December 1913 {Refer below}. This fund was once known as The Provident Fund. The genuine Deeds have until recently been criminally concealed from the members and beneficiaries of this fund by a Victorian resident purported “Trustee” and were only obtained with the assistance of the Deputy Premier and Attorney-General of South Australia, the Hon John Rau MP, and the Attorney-General’s Department. Once in possession of some of the Deeds that have been criminally concealed from the cestuis que trust (ie members and beneficiaries) the fraudulent Breach of Trust is remarkably easy to prove. A document attested by a convicted felon , Ken Jarrett, purports to abrogate the right of widows of qualifying male officers to receive a survivorship pension. This right has been confirmed by a Select Committee of the Legislative Council of South Australia as well as by two Deeds that have been criminally concealed from the widows. The “Jarrett Deed” is not only void because it fails to comply with the Power of Amendment provided by Sir John Downer in the founding Trust Deed, but it is also void under the improper purpose doctrine which is also known as a “Fraud on a Power”. A trustee must act honestly and in the best interests of the beneficiaries of the trust (superannuation fund). Any trustee who consented to a reduction in the entitlements of beneficiaries without the informed consent of the beneficiaries would clearly not be acting in the best interests of those beneficiaries. The Chairman of ASIC, Mr Greg Medcraft” has claimed that: “Australia is a white-collar crime ‘paradise’” {The Age, 22 October 2014} The widows of former employees of Elders IXL Limited and subsidiary companies would not argue this point with Mr Medcraft.