Just wanting opinions on what my dad should do, his financial advisor mentioned hybrid bank shares as a "Less risky"investment option for his super (which he wants to keep as safe as possible, not much left). We get the feeling The financial advisor is trying to hold onto my dads super for as long as he can as he gets a commission for the admin/annual fees that the fund pays. This is in comparison to a term deposit or high interest savings account. I has a quick look on ASIC website, these hybrids are very confusing, I hardly can understand how they can be less risky than share market, they seem more risky to me, but, as I said, I am finding it hard to understand them. Any thoughts?