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Hundreds of thousands of superannuation customers are losing out, staying in dud funds with high fees, according to the latest data from the industry's regulator.
As we leave you with the year's top stories, the Financial Standard team wishes our readers a safe and happy holiday period; we look forward to bringing you the news in 2023!
A retail superannuation fund offered to customers of several small players in Australia's banking sector will close in March.
Several superannuation funds that flunked the inaugural Your Future, Your Super test, are also failing Choice members, the latest APRA heatmaps reveal.