Losses mount in Sydney’s letterbox ‘super scam’

Because of that balance, security will never be 100per cent. You don’t want to have it so tight so that it inhibits the member from doing what they want to do.”The federal minister for superannuation,Nick Sherry, said the balances of members of super funds regulated by APRA were safe.

 

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Future Fund boosts active equity program with new EM manager

Australia’s sovereign wealth fund has added an active equity strategy from a local boutique manager to its emerging markets allocation and dropped one of its existing providers after signaling it had identified "inefficiencies" in the space.

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