Australian Superannuation Funds Disappoint

Posted on 05/01/2023

The Australian Prudential Regulatory Authority (APRA) is disappointed with retiree returns, it has announced. APRA discovered that 44% of funds are suffering returns below benchmarks, and 20% are said to be far below benchmarks. Major financial firms including Colonial First State, OnePath, BT Funds Management, and Equity Trustees are responsible for the performance of these…

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