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Where dose the money in your super go?

Australians were spending 3 billion dollars a year on insurances they may not all need, as part of their superannuation.

The Productivity Commission handed the federal government its final report into reforming the 2.8 trillion dollar superannuation sector earlier this month. The Commission says if its recommendations are adopted, some Australians would see their super balances increase by 500,000 dollars at retirement. Do you know how many super accounts you have? Where does the money in your super go? John Cheng, Managing Director of EndureGo, SMSF auditor, Fellow of CPA, shared his knowledge on the topic.


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The Productivity Commission handed the federal government its final report into reforming the 2.8 trillion dollar superannuation sector earlier this month. The Commission says if its recommendations are adopted, some Australians would see their super balances increase by 500,000 dollars at retirement. Do you know how many super accounts you have? Where does the money in your super go? John Cheng, Managing Director of EndureGo, SMSF auditor, Fellow of CPA, shared his knowledge on the topic.


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