Judging super funds’ spending on investments should be the easy bit. Good luck making sense of “administration and other costs” that make up more than half of funds’ expenses.
UniSuper chief investment officer John Pearce cut straight to the heart of super’s spending debate.
Where is the proof that spending more is in members’ financial interests?
Loading...
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
