bail ins and super

  1. 306 Posts.
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    Can anyone clarify where your super stands if your provider who may also be a bank, goes broke/bankrupt in the event of a systemic market collapse, is there a possibility that super may be vulnerable to bail ins or just swallowed up by administration,? in which case you would want to be with a provider that does not engage in any derivative exposure etc
    I cannot find evidence of GOVT enforced super guarantees to remain separate to claims on the provider in these circumstances?
    I am left wondering if the safest option is to have your super with a stand alone provider like QPSU or if you can afford it a SMSF
 
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