Not so super returns this financial year

By Nukte O · 19 June 2008 · Locked

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Summary

Superannuation funds are bracing themselves for poor end of financial year results due to the stockmarket volatility of the last seven months. The stockmarket has lost around 20 percent of its value since November 2007, erasing an estimated $50 billion value from super investments. Funds expect returns of between minus two to minus 13 percent. […]

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