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Australia’s super industry struggles to consolidate

Cherie Marriott
The country's smaller superannuation funds are under pressure to merge to gain critical mass, but doing so is no easy process.
Australia’s super industry struggles to consolidate

A damning report on the inefficiencies created by many small Australian superannuation funds has put the industry into a period of reflection this year. The Productivity Commission, a state body, published the report in March but, as the government is discovering, rationalising sub-scale players is not an easy task.

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