Thus he notes that NGS Super has entered into a commercial arrangement with the Australian Broadcasting Corporation’s (ABC’s) business and finance commentator, Alan Kohler, for its members to gain “exclusive” access to his The Constant Investor publication.
Yes, that is the same Alan Kohler who extracted a healthy dividend when he and his fellow shareholders sold their Eureka Report publication to Rupert Murdoch’s News Limited – a property which News Limited has since seen fit to onsell and not necessarily at a profit.
Rollover is not sure how many other members of the ABC on-camera team are profiting from other business dealings, but accepts that NGS Super was simply listening to its members.
According to NGS Super chief executive, Anthony Rodwell-Ball an in-depth member research project revealed members with “hungry for digestible and easy to understand content” and many cited Kohler’s financial updates.
The NGS Super initiative may give the ABC board pause for thought on the sort of returns it is getting from its ongoing investment in Kohler. He ought to have no complaints.
With rainy weather abound in Sydney, Rollover was sat in front of his TV watching the smorgasbord of niche documentaries free-to-air has to offer.
As a history buff, Rollover is well-aware of the importance of the role the vanguard plays in a military force, as the leader at the front of battle.
Now that crypto investing is mainstream, with Rest Super announcing it will put a portion of its funds into it, Rollover wonders whether his grandkids will think he is hip when he shows them his crypto balance in his new digital wallet.
Rollover is almost as fascinated by superannuation fund mergers as the deputy chair of the Australian Prudential Regulation Authority (APRA), Helen Rowell.