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The case for destroying default super in order to save it

So toxic has much of Australia’s superannuation industry become that some at the very top of the government think the Productivity Commission hasn’t gone far enough.

The case for destroying default super in order to save it
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The commission wants to unpick the link between super funds and jobs, meaning everyone would need only one fund for life that they could choose from a dropdown menu of the top 10 (or pick another fund if they want to, or set up their own).

Read the full article at the Sydney Morning Herald.

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