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…
