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Many of the top-performing names in superannuation lead their target allocation categories over long time periods, a newly released quarterly survey from Morningstar showed. But it came with a sobering kicker: there’s still a significant account balance gender gap.
Vanguard Australia recently launched a superannuation product aimed at undercutting competitors, with a low-cost default fund option that adjusts automatically as savers age.
In what was the first face-to-face investment industry gathering for more than a year, Senator Jane Hume, the minister for superannuation, appears to be holding the Government line on proposed ‘Your Future, Your Super’ changes. This is despite almost universal and bi-partisan criticism from industry experts about the efficacy of the process to be used…