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The New Daily
The New Daily
Business
Rod Myer

Financial clout in the superannuation sector is changing

AustralianSuper Brendan Coates KPMG Mergers ART
10 News First – Disclaimer

The superannuation sector is splitting in two, with big industry funds increasingly dominating in terms of membership and overall funds under management.

But the for-profit retail sector is becoming the domain of an increasingly wealthy clientele that makes big personal contributions, according to consultancy KPMG’s comprehensive Super Insights 2023 research paper.

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