Is there anything behind this piece of share market folk wisdom? We find out.Also, our biggest super funds are set to expand their offerings in financial advice: What can we expect from this development – and what does it mean for independent advice? 

In today’s show we cover :

• Pros and Cons of super funds offering advice
• The reality of ‘sophisticated investor’ rules
• Why are we selling key assets to overseas pension funds?
• Myth busting –Sell in May and go away 

Hugh Robertson of Centaur Financial Services joins wealth editor James Kirby in this episode