Superannuation body reports win despite Westpac gouging
Superannuation body reports win despite Westpac gouging 04 Jul 2021, 08:52 GMT+10 A major superannuation lobby group says the nation's super savers earned "record returns" this financial year - but is refusing to say how things went for Westpac-BT's 900,000-plus members who are losing over $1.5 billion a year to systemic gouging. The Association of Superannuation Funds of Australia (ASFA) released a statement claiming the nation's super funds had delivered 'exceptional benefits to members' who earned 'average annual returns of nearly 20%'. ASFA CEO Dr Martin Fahy is quoted as saying: Yet ASFA...
Source: shanghainews.net