If you were asked what bank you are with? I expect you could give the banks Name, Address and you might even name the manager. If asked how much money was in your bank right now, I expect you could give a reasonable estimate. Surprisingly, asked the same questions about Superannuation, most people get a little vague. They often can’t name the fund; don’t know their balance; don’t know who manages the fund; and don’t know what the money is invested in. Yet typically, the balance of superannuation accounts would be more significant. After years in practice I can see there are 2 main reasons that we don’t take greater interest in our superannuation. Firstly, the money is mostly tied … Continue reading Who’s got your money?