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After-tax investing benefits outweigh costs
After-tax investing can be expensive, but the benefits can outweigh the costs, according to Mercer Australian shares lead specialist Derek Mock.
Addressing the Conference of Major Super Funds in Brisbane, Mock said it was net performance that mattered with respect to Australian shares.
However, he acknowledged that the industry's take-up of after-tax had been relatively slow.
"Even though I know there is a lot of belief in the benefits, there has been little action," Mock said.
He said this was possibly because the area was too complex.
However, Mock suggested that 2012 represented an opportune year to put after-tax strategies into action.
AUTHOR
Mike Taylor
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