Radio Grabs: Aussie Retirement Savings Eroded

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5th September 2008, 06:07am - Views: 624

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RADIO GRABS: Aussie Retirement Savings Eroded

Friday, 5 September 2008: New research confirms millions of Aussies are letting their retirement

savings erode because of sales commissions and fees charged on their super accounts.

Original (Full) Media Release available via



Telephone Grab Hotline: 1300 732 445, Menu 1, Option 5 (IFS-2015)

Spokesperson: David Whiteley, Industry Super Network

#1 (22 Seconds):

Says the figures show workers in an average retail fund are getting poor value for

money compared with industry funds…

#2 (22 Seconds): Says many workers will be shocked by their annual returns once fees on their account

have been deducted…

#3 (21 Seconds):

Says all workers should look at how much they're paying in fees, as well as their

fund's long term performance…

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Media Enquiries & Interview Requests:

Ted McDonnell, Industry Fund Services - 0434 434 868

Grabs produced by Radio Release - (03) 9588 2399 

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