Aussie super funds expect lower returns
After a record 15.5% performance in 2013, balanced superannuation funds in Australia are likely to revert to average returns this year, according to research firm SuperRatings.
December’s late rally on global stock markets saw the average Australian balanced pension fund return 15.5% for 2013, making it the best performing year for superannuation funds since research house SuperRatings’ began tracking returns in 2000.
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