The fallacy of the inactive fund memberBY GEOFF BROOKS | FRIDAY, 23 AUG 2019 12:08PM In contract law, it is regular practice to define the meaning of words up front to minimise the opportunity for deliberate or involuntary misinterpretation of the agreement. The ... Upgrade your subscription to access this article
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DANIEL SHRIMSKI
MANAGING DIRECTOR
VANGUARD INVESTMENTS AUSTRALIA LTD
MANAGING DIRECTOR
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An insightful view on a very topical theme. This piece does a good job of highlighting the difficulty in relying on activity (however defined) as a proxy for identifying unintended duplicate accounts or interests. In an environment where career breaks are common, and the system is design to cater to a 'hands off' approach to managing superannuation - these challenges are however unsurprising.