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Superannuation fund choice: Opening Pandora’s Box

Gallery, Natalie (2002) Superannuation fund choice: Opening Pandora’s Box. Australian Review of Public Affairs.

Abstract

Informed choice is essential for the choice of superannuation fund objectives to be met, but significant barriers to informed choice presently exist. These barriers include an absence of relevant information disclosures by superannuation funds and the greater problem of members who are unable or are unwilling to exercise choice. While the first barrier could be overcome by establishing standardised measures of fund performance, the potential problem of large numbers of workers not exercising choice requires rethinking the default option. A possible solution is the establishment of a universal default fund.

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ID Code: 4930
Item Type: Journal Article
Additional Information: The contents of this journal can be freely accessed online via the journal’s web page (see link).
Additional URLs:
Keywords: Superannuation, Informed choice, Default option
ISSN: 1832-1526
Subjects: Australian and New Zealand Standard Research Classification > STUDIES IN HUMAN SOCIETY (160000) > POLICY AND ADMINISTRATION (160500) > Public Policy (160510)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Copyright Owner: Copyright 2002 Faculty of Economics and Business, The University of Sydney
Deposited On: 04 Sep 2006
Last Modified: 05 Jan 2011 23:27

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