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The most popular reason investors pulled out of responsible investments was due to greenwashing concerns, and fears their products were not delivering positive outcomes.
While more suited to a specific cohort of investors, alternatives are continuing to see a marked rise this year as an advantageous diversifier generating resilient returns, including through unique real asset propositions like marinas and dairy farms.
One member waited 276 days for TelstraSuper to respond to a complaint, and others waited more than 100 days. ASIC’s lawsuit comes after the government put super funds on notice to serve customers better.