The only negative note in the Fed’s forecast is that it reckons U.S. unemployment will keep growing to over 10%. That, presumably, is a drag on the economy. But if credit conditions improve, maybe all the people who’ve lost jobs because the U.S. economy is not producing and not competitive can, you know, get a credit card and live off of that
July 17th, 2009 | Dan Denning | 4 comments | ContinuedAll Posts Tagged With: "John Brogden"
How to Boost Your Retirement Income
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
Actively Managed Superannuation Funds Have Not Had a Stellar Few Years
Frankly, though, the whole idea of not having a choice about super reminds us of the ant colony in T.H. White’s “The Once and Future King.” In the ant colony, there is very little choice. Everyone has a role defined for him and even language itself is limited.
July 15th, 2009 | Dan Denning | 12 comments | Continued
