Recently, Scott Pape, author of “The Barefoot Investor” series of books, criticised Hostplus’ decision to amend its product disclosure statement. He said the insertion of a clause which allows Hostplus funds to "suspend or restrict applications, switches, redemption and withdrawal requests” was tantamount to restricting members’ ability to leave a Hostplus fund. Hostplus said the changes were purely administrative. Pape has previously argued the merits of investing in low-cost index...