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Day: May 21, 2012

Super funds have been criticised for holding too many shares and not enough conservative assets. What do you think?

Bunkum, bollocks and bulltish. But let me explain. That proposition was made forcefully recently by former Treasury head Ken Henry. Uncle Ken’s comments were aimed at default “balanced” super funds, which traditionally have 55-70 per cent of their investments in “growth” assets – shares and property. His concerns have merit for Retirees and Boomers, whose […]