Superannuation is too costly, so bill me

Superannuation is almost certainly the most expensive service you buy. But three fixes could eliminate the hidden advantages providers are receiving from ballooning charges.

The main reason superannuation costs are too high in Australia is both simple and horrendously complex: it’s the only service we buy where we give the service provider our money to look after.

It’s true that we also give our money to banks, but mostly, especially when we’re young, the banks give us money as loans.

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