Yesterday we gave incoming IFSA boss John Brogden a serve for advocating an increase in mandatory super from 9% to 12%. In fairness, we should point that IFSA has released a new charter (not yet approved by member) that would phase out inbuilt commissions on managed funds starting in July of 2010. That’s a good start in realigning the interests of your super fund with your own financial interest.
July 16th, 2009 | Dan Denning | 5 comments | Continued
