2 June 2009 05:23
Because of that balance, security will never be 100per cent. You don’t want to have it so tight so that it inhibits the member from doing what they want to do.”The federal minister for superannuation,Nick Sherry, said the balances of members of super funds regulated by APRA were safe.
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Despite the dizzying technological innovations in China and the investment opportunities that come with them, Team Super chief investment officer Seamus Collins says some risks, including weaker investor protection, make him hesitant to allocate large chunks of the portfolio to the world’s second-largest economy.
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