finally there - 45.5C @ lunch time - what's about 2PM onwards - 50C, page-64

Well take it up with the Financial Review this is extracted from their article. It is not my opinion nor do I have any interest in what people do individually with their money. It was simply relaying an answer to a question as found in this article:

"However, Esuperfund also has an audacious series of arrangements in place with product providers that delivers it commissions from right across the spectrum of products used by SMSFs. From cash accounts and term deposits to broking and insurance policies, the provider has relationships in place that allow it to clip the ticket at every possible juncture.

Clients of Esuperfund are compulsorily required to open a transaction account with either ANZ or Commonwealth Bank of Australia. In addition, it is compulsory for clients to use one of the two brokers it nominates, either CommSec or Ebroking (a white-label platform licensed by Esuperfund).

According to Esuperfund's financial services guide, ANZ and CBA pay it commissions of between 100 and 115 basis points on the cash balances of every transaction account opened by Esuperfund clients. That is, all of them.

A spokesperson for CBA says the bank does not discuss commercial arrangements with third parties. ANZ says it did not pay the commissions at the level outlined in the financial services guide.

In addition, every trade made by clients on either the CommSec or Ebroking platforms will attract a commission of up to $16.75 for trades under $25,000 and 0.075 per cent for trades over $25,000.

But that's just the start. The network of relationships and commissions on products extends to options, contracts for difference, term deposits, precious metals and life insurance. For instance, a policy bought from Macquarie or AIA triggers commissions of 0.20 per cent and 0.30 per cent respectively.

Perhaps the most lucrative of the arrangements sees Macquarie and St George Bank paid upfront commissions of 0.65 per cent and trailing commissions of 0.15 per cent on loans or limited recourse borrowing arrangements used to purchase property.

Esuperfund did not respond to requests for an interview.

But while Esuperfund's elaborate series of links with product providers makes for uncomfortable reading they are by no means alone."