The conflict of industry super

As many of you will be aware we are currently doing the Intelligent Investor national tour (On that note, thanks for coming along. It has been great to have the chance to talk directly to some of you). Returning from Brisbane on the plane yesterday, I grabbed the Australian Financial Review and came across the page two article 'Union super leaders see assets sale conflict'.

Now I have to admit to having a bit of a gripe when it comes to industry super funds - the marketing of their outperformance over retail super funds. Not that I am wanting to defend the poor performance of many retail funds but:

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