21.03.2012 - Super fund investments are far too risky, says David Murray

Outgoing Future Fund chairman David Murray has said that Australia's superannuation funds' portfolio allocations are “far too risky” and has urged the government and financial services industry to create a simpler system to list corporate bonds in Australia. Australia and its investors are too heavily exposed to financial instability and excessive risk because super funds are too heavily weighted toward equities, Mr Murray said...............................................Full Article: Source

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