I have a friend with <$10000 in a Superfund (industry Super). She (like most) lost a lot of it because she is not savvy with how to manage it.
Can anyone recommend any other options? (in the current climate) that might yield positive returns (without high admin costs)....I know it's not a lot, but at present all I have recommended are:
1) Keep it where it is (and make the investment options on an annual review basis) - live with the $100/yr admin cost 2) Cash? or interest only?
Are there any Fund Managers that would allow access to more liquid stock options (wider range of risk options)??? Perhaps limited trades. Without excessive management fees?
