| |  | | | In this edition
| | | | |  | | | | A sometimes-controversial characteristic of Australia's super system is that the vast majority of fund members are in default options. Any mention of this characteristic often leads to discussions about member inertia and member disengagement. | | | | | | | | | | | |  | | | | Just think that in early June 2008, the Reserve Bank's cash rate stood at 7.25 per cent. Now fast forward nine years to early June 2017 and Australia's current cash rate is 1.5 per cent. | | | | | | | | | | | |  | | | | Australian investors have been enthusiastic adopters of exchange-traded funds (ETFs), with the local ETF market growing to $28.8 billion in May 2017, up by more than $5 billion over the last 12 months. | | | | | | | | | | | | | | | | | | | | | Vanguard in the news | | | | Compulsory super turns 25, but is yet to reach maturity | | John Collett | 14 June 2017 | As well as Australia's economy reaching its 26th year of continuous expansion, the longest run of uninterrupted growth in the developed world, this year also marks the 25th anniversary of the introduction of compulsory superannuation.
To read more, please visit the Sydney Morning Herald website. | | | Please note the link above will show a copy of the article (where freely available), or the publisher's website if a subscription is required.
| |  | | | | | Client Services
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