Published: 13 Jul 2018
Many of the findings set out in the Draft Report in respect of the performance of the system and its segments are welcome and consistent with what other researchers have found in previous years: that the “industrial model” of delivering superannuation – workplace default products determined by industrial instrument, managed by not-for-profit trustees, governed by equal representation boards – is demonstrably superior to the retail model in terms of the net returns it delivers to members and how it fulfils its fiduciary duties to disengaged and low-information employees in a compulsory system.
Industry Super Australia
*The above material, whilst correct at the time of publication may include references or statements which are no longer current.