AI300: Aussie supers facing fee scrutiny, rate rises
Superannuation funds dominate Australia's rankings in the survey, but their fee activities are being investigated, and rising interest rates are forcing them to shift their assets.
After a profitable 2017, Australia’s superannuation pension funds are facing mounting challenges, courtesy of a shifting macroeconomic environment and an industry-wide investigation into their governance issues, particularly around illicit fee charges.
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