Owen Raszkiewicz

Yeah, and the thing is, because we're mandated to have money in super, our employers are told you have to put this money in and you're going to have to do it for the rest of this person's working life.

In 20 or 30 or 50 years from today, they're going to be even more powerful.

They will be more powerful than the banks are right now.

They'll be more powerful than the mining companies are.

They'll be more powerful than all of them.

And some might say we're already at a point where they're maybe as powerful as them because they have 2 million members to represent.

So, some of the things that you can do to check on this is read their websites.

What do they believe?

So, you know, everyone is entitled to their own opinion.

Maybe your super fund believes that active investing, as in picking individual stocks is the best way to do things.

Maybe your super fund subscribes to the idea that we'll just invest in ETFs or we'll create our own ETFs and index funds and do it that way because we think that's more effective.

Maybe we should check to see who's on the board of the super funds.

And maybe we should look at their character and who they're associated with.

Maybe not political parties, but quasi-political parties.

yeah maybe if the board of directors are appointed from somewhere in a particular industry if it's an industry super fund that industry comes is represented through the super fund you know that's an important consideration and then where do those directors fees go are they going to the individual for representing the members or are they going to some sort of party I will say who represents a certain group within an industry

And transparency, what are you doing to make it more transparent?

Can I see what I'm invested in?

Have you made the tools easy for me to understand?

Are you disclosing all of the fees or are you kind of hiding them as net investment returns?

Yeah.