Not a super way to engage young workers

By Noel Whittaker
January 24 2019 - 8:00am
Benefits of consolidation: A major problem for many younger workers is that most of them are disengaged, and as a result have multiple superannuation funds with small balances. The combination of all those account-keeping fees, and of premiums for insurance (which is often unwanted), is ripping their returns to shreds.
Benefits of consolidation: A major problem for many younger workers is that most of them are disengaged, and as a result have multiple superannuation funds with small balances. The combination of all those account-keeping fees, and of premiums for insurance (which is often unwanted), is ripping their returns to shreds.

Superannuation is in the news yet again! This time it’s a major report from the Productivity Commission containing a raft of recommendations to make more changes to the system.