Superannuation Discussion + market volatility

[Brissy1]

Does your fund make you renew every 3 years?

2 types of Binding Nomination, lapsing and non-lapsing. To my mind a Lapsing Binding Nomination is like writing a will that has an expiration date of 2 or 3 years, just silly .
And yes some funds only allow Lapsing, was one of the considerations I made when transferring to a new fund.

 

[Quickstatus]

And yes some funds only allow Lapsing

Mine allows lapsing and non lapsing.

 

[Quickstatus]

the question is how much of a hit

Whatever the hit, I think rents are going up for existing properties to compensate.
Mine are just about cashflow positive now, so I would hold.

 

[JessicaTam]

[mod hat]
Please keep to the thread topic and avoid *any* political commentary.

Some posts have been removed.
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