Apra analysis shows improvement on last year but 44% of so-called “choice funds” is generating returns below expectations
Follow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcast
Australians have billions of dollars invested in poor-performing superannuation funds.
A new analysis by the the financial systems watchdog superannuation funds shows one-in-five investment options generating returns well below their benchmarks.
Continue reading…Apra analysis shows improvement on last year but 44% of so-called “choice funds” is generating returns below expectationsFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastAustralians have billions of dollars invested in poor-performing superannuation funds.A new analysis by the the financial systems watchdog superannuation funds shows one-in-five investment options generating returns well below their benchmarks.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…