Quote:
Originally Posted by Merlin66
I think the consensus is to put the funds into back accounts and hope to maintain at least 2% over the next few years....
(I DO like the idea of a Gov. backed super fund with guaranteed outcomes)
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There are a few online only service like UBANK or RABO Direct who can help you get a (bit of a) better deal with interest rates.
The gov. backed super sounds good but as always the money would be used for something else IMHO and we'd start hearing about a "Super deficit" in the news.
I think realistically the next step will be taxes on withdrawing super money after the reservation age, although we've always been told it won't be.