Our retirement portfolio simply won't hold much cash at all if they try that stunt here. (given the current rate of inflation our term deposits are effectively at zero now)
There are other asset classes...e.g. bullion, real estate. That will either appreciate or generate income.
Seriously...they must have a crack habit if they think you'd want to park money in a Bank account and be charged for doing so.
You'd literally be better off keeping it under the mattress.
Or perhaps buy shares in a Safe Manufacturer.
