QSuper unveils 'industry first' lifecycle productBY JAMES FERNYHOUGH | THURSDAY, 27 MAR 2014 12:15PMPublic sector fund QSuper has expanded the lifecycle model to include account balance as well as age in its new MySuper product, QSuper Lifestage. Related News |
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Great to see a large Australian Super Fund getting behind an Australian invention. When [it] was first shown to me in 2011, I knew it would take off because of the benefits to members both in terms of higher retirement balances on average and lower risk of loss as retirement approaches.
Just required a bold trustee focussed on their members best interests. Rosemary's right customisation/tailoring of Australia's default members is the next quantum improvement that can be made to superannuation and hopefully the industry can get behind this Australian invention.