Virgin’s super strong push (The Age / Simon Hoyle)

From the article: “Fund managers and financial planners could find their city offices and luxury cars at risk if Virgin Money succeeds in its plans to shake up the local superannuation industry.

Virgin yesterday said it had joined forces with Macquarie Funds Management, and service providers Superpartners and Trust, to launch a new superannuation product to be released on July 1, coinciding with the new choice of fund regime.”

Richard Branson likes to get stuck into market’s where there is very little competition, and he seems to do a great job of it. I’d certainly look at switching to Virgin if they offer a competitive package.