Financial Standard Comments - The $500k price tag on bad super choices Sticking to a bad super fund could leave the average Australian worker more than $500,000 poorer over their lifetime, latest research from SelectingSuper found. https://www.financialstandard.com.au/feed/latest?story=132623986 Fri, 08 Feb 2019 13:45:13 +1100 Fri, 08 Feb 2019 13:45:13 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Bill Hackett (Infocus Midland) No! Stop the click bait. If the client was to receive advice from a Financial Planner, they would have their funds invested in a portfolio that suits their needs! Give me a guarantee that the best performing portfolio last year is the best option for the client over the long term! No you can't. That's because past performance is not an indication of future performance. I had a 64yo prospect see me about retirement planning and was alarmed to learn that he could have picked another portfolio other than the default employer portfolio. Same fund, different portfolio. If you don't see a Financial planner whilst you are young, you too will need to deal with REGRET.

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]]> Bill Hackett (Infocus Midland) Fri, 08 Feb 2019 13:45:13 +1100