Superannuation fund choice: Opening Pandora’s Box
Gallery, Natalie (2002) Superannuation fund choice: Opening Pandora’s Box. Australian Review of Public Affairs.
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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|Item Type:||Journal Article|
|Additional Information:||The contents of this journal can be freely accessed online via the journal’s web page (see link).|
|Keywords:||Superannuation, Informed choice, Default option|
|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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