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509b superannuation & investing for the long term (campfire chat with Glen, Vince & John Winters)

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The Industry Marketing Thing, Isn't It?

The industry has trained the australian people to not care. It's hand over ten % of your salary every month. Only 300,000 Australians change their super every year and yet forty per cent say they intend to. The accessibility thing is probably absoue a big deal. But also, there are a lot of fundies who just want to take money and manage it. Yet i think that's probably the biggest flaw in the system. We've given australians control over their retirement savings but we haven't given them the information to actually make decision.

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