Super is here cos the govt can't afford to pay everyone a pension. I disagree about letting people take their super if they want, as most will!!
I have my super in Fixed interest not cash as its higher.
Never put it as default option or shares for that matter.
Why would you want people to risk your money & only get like 10% a year if your lucky!! I'm happy for it to grow at 4-6% a year without risk.
I "play" the share market with my own money, why give your money to bankers/hedgers for them to play with in you super?
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$$$ 640 million in lost super, page-10
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