PPRuNe Forums - View Single Post - Is my QANTAS superannuation secure?
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Old 12th Jun 2011, 11:44
  #11 (permalink)  
arkmark
 
Join Date: Jul 2005
Location: Sydney
Posts: 107
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No super fund is secure unless you run it yourself. SIMPLE.

Even if you run it yourself its still a waste of your money and time.

Superannuation is a scam top down and if you are asking this question you have already been conned. It was designed to make a thriving stock market, run by inexperienced graduates who care nothing about your money but lots about their Friday lunch.

Take your super out and run your own fund, a half decent accountant can set it up for less than a grand. Super funds can lend to business at 13.5 %. Thats a good return and businesses will jump at that.

Take charge of your own money my friend. Don't leave it to middle management buffoons.
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