I am a self funded retiree in pension mode and have my money invested in a leading super company with a Member Direct a/c ( 80% shares direct) or D.I.O. With the proposed imputation credits changes by the ALP will this affect Industry Funds as far franking credits if your invested in the Banks,etc.
Jeff Phillips, Switzer member P.S. Did you say that the worse investment that you ever made was with Cambridge Credit? If so I will tell a brief story about it.
A: Thanks for the question.
Unlikely, although I should say that the Industry Funds haven’t been particularly forthcoming in regards to information about whether they get a cash refund or not.
You should check with your individual fund.
