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Featured Profile
Andrew Gregory
CHIEF ADVICE OFFICER
UNISUPER
UNISUPER
After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
I am afraid of the 'dead hand' of compulsion in this argument about 'longevity risk'.
It flows off the tongue so easily. What could be better? says Mr Mason. This would take the risk out of everything for people when they reach old age.
Mr Mason suggests that George Osborne is just a politician looking to be re-elected. What nonsense!
Governments should never be in this area. It is so short sighted to hitch on to the Government teat. Imagine the bureaucracy that would grow like 'topsy' in order to administer things. Imagine also the fees that 'experts' in this field could graft from the government in the name of 'compliance & etc...'
The economist,Mr Maddock is correct!, 'Why stick your money into something that gives you 3% return, which you might get back when you are 85?'.