Superannuation fund choice: Opening Pandora’s Box
(2002) Superannuation fund choice: Opening Pandora’s Box . Australian Review of Public Affairs (Digest)(5 September 2002).
Full text available as: |
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.
| Item Type: | Journal Article |
|---|---|
| Status: | Published |
| Keywords: | Superannuation; Informed choice; Default option |
| Subjects: | 360000 Policy and Political Science > 360200 Policy and Administration > 360201 Public Policy |
| ID Code: | 4930 |
| Deposited By: | Gallery, Natalie |
| Deposited On: | 04 September 2006 |
| Alternative Locations: | http://www.australianreview.net/index.html, http://www.australianreview.net/digest/2002/09/gallery.html |
| Copyright Owner: | Copyright 2002 Faculty of Economics and Business, The University of Sydney |
| Copyright Statement: | The contents of this journal can be freely accessed online via the journal’s web page (see link). |