How do you know if you’re in the right super fund? | Xavier O’Halloran | Opinion | The Guardian

Photo of hands holding pencil and pressing calculator buttons over documents

This is the Productivity Commission’s point. We don’t have time to be chasing down old superannuation accounts, so it’s proposing our account follows to a new job. While some may be able to complete the herculean feat of figuring out the best among the 40,000 options, why not have a committee of independent experts narrow it down to the top ten so everyone can have a chance at choosing a good place to grow their retirement savings?

These two changes alone will drive $3.9bn in savings every year away from the fund managers and back into the pockets of people.

via How do you know if you’re in the right super fund? | Xavier O’Halloran | Opinion | The Guardian

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