Business News

Super funds have been working for themselves when they should have been working for us. That's about to change

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

PhotoMavenStock/Shutterstock

Have you ever wondered why your super fund rarely sends you mail?

It could be because it is one of the 36 funds that perform badly, or one of the six funds that perform extraordinarily badly. As of mid last year those six funds managed the retirement savings of 900,000 Australians.

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