Not all super funds are created equal... so, here's what you should do
The Productivity Commission released its draft report this week into the efficiency of the Australian superannuation system. Its findings are concerning, and all Australians must take an active role in choosing the most appropriate superannuation fund for them. If you don’t, the Productivity Commission suggests it could cost you between $61k and $407k, depending on your age.What the productivity commission foundThe productivity commission found that many superannuation funds recommended by employers failed to deliver adequate investment returns. They described it as a bit of a lottery. That…
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