IFSA brands APRA proposals 'sub optimal'

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AUSTRALIA - Proposals by the Australian Prudential Regulation Authority (APRA) to publish fund data are "sub optimal" and could mislead investors, the Investment and Financial Services Association (IFSA) believes.

The IFSA said it "fully supported" the publication of investment option performance comparisons for superannuation scheme funds - but warned publishing 'fund level' performance data was a compromis...

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