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A new “big eight” of superannuation funds will dominate the $3.5 trillion retirement savings system with a lobby group dominated by Labor heavyweights.
Appearing at the Conference of Major Super Funds (CMSF), industry stalwart Gary Weaven said he expects the super sector will struggle with the national homelessness crisis and lack of affordability over the coming 30 years.
Aidan Puddy is arguably Australia’s least-known mega-fund manager. He manages over $45 billion has no public profile compared to stock picking superstars.