Are bigger super funds better? Actually no, despite what the industry is doing
- Written by Geoff Warren, Associate Professor, College of Business and Economics, Australian National University
ShutterstockAustralia’s superannuation funds are getting bigger – and fewer. There were close to 400 funds in 2010. With mergers, it’s now closer to 120. By 2025, according to industry executives surveyed last year, there will be fewer than 50.
The portfolios of the two biggest super funds, AustralianSuper and Australian...
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