Qantas Super CSBA Retirement Confidence Index (RCI)
The latest Qantas Super CSBA Retirement Confidence Index (RCI) has shown that Australian’s trust super funds almost as much as they trust banks. Just 60% trust their super fund to act in their best interests, while 54% trust their banks. Qantas Super CEO Michael Clancy said that this result is “both a worry and a wake up call to the industry.” Overall retirement confidence is still very weak, with just 40% having a high or very high degree of confidence.
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