From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...
The research house has offered a silver lining after super fund returns saw the end of a five-month streak last month....
A survey of almost 6,000 fund members has identified weakening retirement confidence, particularly among those under 55 years of age, signalling an opportunity for super ...
The Financial Services Minister says the amendments to the SIS Act within the first QAR bill will “clarify the law to affirm the status quo”....
I agree with the thrust of the article in that long term performance is too simple a metric to pick a super provider and wanted to call out two key points not specifically mentioned
1. Using the representative member balance of $2k provided by the PC does not correlate to the Performance by super ratings using a representative member balance of $50K due to the fixed dollar costs (member fees)
2. MySuper legislation means many funds have a little more than three years performance history, should the PC effectively exclude these funds as they will not have "long-term performance"? again another factor not specifically mentioned in the article.