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Newcastle Herald
Newcastle Herald
National
Michael Parris

Clausen among Newcastle directors earning $100K at disgraced super fund

Active Super board members Declan Clausen and, inset, Kyle Loades and Gordon Brock. Main picture by Marina Neil

Deputy lord mayor Declan Clausen is one of three Newcastle-based directors of a superannuation fund found to have misled and deceived members about its exposure to coal, gambling and Russia investments.

Cr Clausen was paid $98,707 plus $10,364 in superannuation last year to sit on the board of Active Super, which the Federal Court found had misrepresented its "green" credentials to members and potential members.

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