Is your cash inside super protected by the government guarantee? It’s a good question, and many people are not aware of the answer.
The answer itself has a few layers because sometimes “cash” isn’t “cash”, and it also depends on how much coverage you could expect.
In this 2 minute video, Glenn Hawley, a financial adviser at Mancell Financial Group, goes through the realities of “cash” inside super and whether it falls under the financial claims scheme.