Could Australia’s Future Fund Offer a Low-Fee Superannuation for its Citizens?
Posted on 01/20/2019
Australia’s Scott Morrison government may soon allow the country’s Future Fund to offer low-fee superannuation accounts. Aware of the proposal, Prime Minister Morrison stressed that offering Australia a low-fee, government-managed superannuation fund as a default option is not government policy. However, many proponents of this model believe it would create competition in the country’s US$ […]