Costello forced to backtrack on Future Fund comments

Feb 11, 2019

The Australian sovereign investor is fighting battles on a number of fronts and is keen to quell the discussion about it becoming a potential default superannuation fund manager.

Costello forced to backtrack on Future Fund comments

The chairman of Australia’s Future Fund, Peter Costello, has clarified his views on how the sovereign wealth fund might manage superannuation savings after widespread criticism of his suggestion that it could be a suitable vehicle for default fund contributions.

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