You want an example Head? ..it has been revealed that employees moving from one employer to another are being placed into a new Superannuation Fund at every turn.It has been revealed that these employees are unwittingly paying big fees to each and every fund. No cigar for guessing which funds have the biggest reach eh...
The Government is now having to consider new Legislation to ensure employees continue with their original first Super fund rather than get stuck with a new one with every new job.
