#18419
excathedra
Flatchatter

    To Cosmo:  I was perhaps a little loose in my expression when referring to a “Statutory Review”.  NSW law requires a 10-year plan for a Scheme’s Sinking Fund, with the option of a review at 5 years.  Our last review was mid 2008, and we plan a mid-life review this year. 

    To Jimmy:  I note your arguments, which have merit.  I’m not a finance expert, but hope to bounce the issues off one or two who do have relevant expertise but don’t make their incomes from lending money.  As before, nothing personal!