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Old 12th Jun 2011, 10:10
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Skystar320
 
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No, your superannuation is not safe. As an ex Superannuation administrator, pretty much all your super is subject to companies going tits up / share market flux and international markets...

Depending on what Qantas 'Superannuation' is held [i.e what companies it holds shares in] you could be looking at something very bad.

Cash, bank / term deposit is one of the ways that you can guarantee a return. If I remember right, all bank deposits are covered by law? i.e if for some reason a bank goes belly up, you still have access to your money

Of course my views are my own, you should however consult your own financial adviser

Last edited by Skystar320; 12th Jun 2011 at 11:45.
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