When talking about financial advice, it all comes down to price – particularly when talking about your super fund fees. Or does it? Do you drive the cheapest car you can find? Eat the cheapest fast food? Live in the cheapest house? For most people, probably not – you make decisions based on the benefits […]
Read MoreWould you invest your Super in ExxonMobil?
Thousands of GESB & UniSuper fund members are investing in ExxonMobil, an oil company with a long history of controversy in a range of areas. The company is in the Top 10 International Holdings of GESB Super’s ‘Balanced Conservative’ and ‘Growth’ plans (as at 31/03/11), and also UniSuper’s top 10 listed international shareholdings (most recent information available, listed at […]
Read MoreUp to 1.4m Aussies invest in the world’s most unethical company via Australian Super
Australian Super has disclosed that it has a substantial investment in Monsanto Co, multinational agricultural biotechnology corporation recently voted the most unethical company in the world. Monsanto, a former manufacturer of Agent Orange, produces genetically modified crops, bovine growth hormone, and herbicides, and is accused of countless bribery and corruption incidents. The superannuation (pension) fund Australian Super invests […]
Read MoreIndustry Super Income Protection: A Warning
Income Protection (or Salary Continuance) insurance is an important part of most Australians’ protection plan. We insure our car, our home, our possessions - but what about our most important asset: our ability to earn an income? Salary Continuance can generally be held within your super fund – but you should be aware of big differences […]
Read MoreGESB: A costly Super fund
An interesting article from the ‘Your Money’ section of the West Australian on Monday, November 8th. Most Superannuation funds continue to implement changes to make their processing turnaround times faster, in order to remain competitive. GESB’s 20 day turnaround is now unheard of in the industry – investors want fast and transparent processing. This is indicative of some of […]
Read More