6 September 2011 00:05
Craig Meller, managing director of AMP Financial Services, says the company’s flexible, superannuation product has attracted more than $3 billion since its launch on July 1 last year.
He declined to offer an opinion as to whether recent market volatility would push more superannuation members into cash.
“No one can predict the future,” says Meller.
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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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