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Not so super: which funds don t cut it

The extension of performance tests to a wide range of choice superannuation products has revealed that 12 per cent of the products on offer to the public have underperformed, according to prudential supervisor APRA.

APRA finds 12 per cent of choice super accounts underperform

The total number of choice products failing the test was 96 and these covered 60,000 individual accounts.

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