Shifting Australian pension landscape

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AUSTRALIA - Superannuation investments worth AUS$1trn which have traditionally been held by people in work, will shift dramatically over the next 30 years to those in retirement, according to new research by Russell Investment Group.

Russell’s director of actuarial benefits and consulting, Steve Schubert, said the trend would be driven by new rules which allowed money to be left in superannuation investments for longer, and by ...

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