Too much in equities?

Tim Farrelly  | farrelly's | 16 April 2012

Ken Henry, David Murray and Lindsay Tanner are thoughtful, intelligent and successful leaders in their respective fields of Treasury, banking and politics. However, none of these gentlemen has a background of financial planning or investment management – and it shows.

All have argued that superannuation funds have too high an exposure to equities in their portfolios¹.

Too high for whom? It's an empty argument. Whether the right level of equities is 30% or 70% - or 0% for that ...