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Superannuation going backwards

My superannuation was parked in cash for a few months earlier this year while I switched it to a new account.
That meant I fortunately missed the first half of the stock market downturn and probably saved a few thousand dollars.
I opened the new account with about $78,000. It’s worth the same today, even though employer [...]

[ More ] September 20th, 2008 | 1 Comment 4 views

HESTA superannuation

This blog is a rant against HESTA, the health and community services sector superannuation fund.
I have an account with them into which my former employer made its nine percent compulsory payments.
Upon starting at the Kalgoorlie Miner I transferred my main super account seamlessly from ING to the WA News company fund without any hassle. That’s [...]

[ More ] September 24th, 2006 | 2 Comments 8 views

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