Gibbo raises a good point... Was there anyone else (like me) who received incredible in-depth financial advice on MSBS vs DFRDB such as:
"If you're going to be in >20 years pick DFRDB, for <20 pick MSBS"?
I guess it's no surprise that the Government of the day wanted the masses to choose MSBS - they stood to save (and are still saving) billions of dollars. As an 18 year old thicko I thought it made sense... Only a few of my mates were smart enough to think "hang on a minute, why would the government want me to change to MSBS so badly - it wouldn't be for MY benefit !!"
20/20 hindsight is a wonderful thing, but I think the way the changeover process was administered sucked. Thank god for anonymous forums like PPrune where I can **** & moan with impotent rage...
Looking forward to this years MSBS "return". We should run a tote on the result. Put me down for -4.8%.
