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Why the Future Fund should manage your super

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In 1992 Paul Keating created forced public saving via superannuation yet, in an unusual oversight for an otherwise inspired policy, offered no public super solution. We have public and private health, public and private education, and even public and private infrastructure.

But for some reason our politicians thought they would create the mother-of-all gravy trains for the people running super and offer no conflict-free alternative for punters who would prefer to entrust their money to the government, rather than those outside it.

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Christopher Joye is a portfolio manager with Coolabah Capital, which invests in securities, including those discussed in his column. Connect with Christopher on Twitter.

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    Original URL: https://www.afr.com/personal-finance/superannuation-and-smsfs/why-the-future-fund-should-manage-our-super-20181214-h193zb