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Sovereign Wealth Funds Briefing - Categorized | Performance

Superannuation funds to deliver shock losses

Posted on 12 June 2009

From Ninemsn.com.au: Australians are in for a “nasty shock”, experts have warned, with returns from the average superannuation fund predicted to plunge 13 percent by the end of the tax year.

The news comes as a further blow for the nation’s elderly population, with almost 3 million considering returning to the workforce after having their savings ravaged by the financial crisis……..Full Article: Source


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