By Lorna Brett · 24 August 2011 · Economy
Superannuation funds have had a disappointing start to the new financial year, with median growth funds taking a hit. But what's behind the decline and what does it mean for your retirement savings?
Superannuation funds have had a disappointing start to the new financial year, with median growth funds (61 to 80 percent growth assets) falling 1.5 percent in July as a result of weak share markets globally.
Tags: Australian share marketing performance, chant west, strong Australian dollar, Super fund performance, Superannuation, volitile share markets, Warren Chant