How does the PM have access to the superannuation pool? My super is with ING because at the time I did the research I think they had the cheapest fee super that let me buy shares, and now 95% of my "money" is in about 10 ASX200 stocks, the remaining 5% held as cash because they have a minimum held as cash requirement.
So how does Turnbull propose to use that money? He can't, can he? He is then referring to those other supers that work like managed funds where you just put money into a black box and the superannuation company do all sorts of things with it, so he is saying he will tell superannuation funds that listen to him to buy US infrastructure bonds or something like that, and the holders will just see 20% to international property or something is what it boils down to then?
- Forums
- ASX - General
- how does supper fund pool work? USA turnbull infrastructure
how does supper fund pool work? USA turnbull infrastructure
-
Share
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)