The $500k price tag on bad super choicesBY KANIKA SOOD | FRIDAY, 8 FEB 2019 12:29PMSticking to a bad super fund could leave the average Australian worker more than $500,000 poorer over their lifetime, latest research from SelectingSuper found. Related News |
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
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.