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Should school leavers be stapled to balanced options?

While the performance tests are a good idea, they fail to take into account the age or risk levels of members, meaning younger members may not in the best fund for their circumstances.

Super funds continue their march higher

Super funds continue their march higher We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement The remarkable bounce-back in superannuation fund returns from last year’s COVID-19 induced plunge continues, with a typical super fund “balanced” investment option growing by 19.3 per cent in the year ended March 31. Fund researcher SuperRatings figures show that balanced funds, where most working people have their retirement nest-eggs invested, returned 2 per cent in March. That is the 12th consecutive month of positive returns since the big losses of February and March of last year, when sharemarkets around the world crashed in the wake of the biggest economic slump in almost a century.

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