17th July 2010. This comment echoes one of two years ago. I guess we now have a new crop of the naive,stupid, or just plain greedy . As the Global Financial Crisis shakes out the shonks, crooks and smarties into the courts, most of whom who have taken off for fields afar with investors money, it behoves us all to realize that compulsory super has simply managed to corral the sheep together, so that the financial wolves dont have to run as far, and that anyone giving a third party control over their money had best be very cautious.
‘Just because he wears a suit doesn’t mean he’s a professional’