Fluctuating share market limits super fund returns
By Guest Author · 23 June 2011 · Economy
By Guest Author · 23 June 2011 · Economy
The share market's recent downturn has super fund growth in the red, but there's a silver lining to this story. What does it mean for your retirement savings?
Median superannuation fund growth retreated 0.2 percent due to faltering share markets in May this year, but the news isn’t all bad with the return to date for the financial year reaching 10 percent.
Tags: Industry super funds, Super, Superannuation