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Australian Superannuation Faces Rising Costs, Recommends Mergers
Rising costs, cyberattacks, and lawsuits over delayed insurance claims are impacting Australia's $4.2 trillion superannuation sector; KPMG suggests mergers as a solution, with mega funds growing and not-for-profit industry funds now holding 40% of the market.
Australian Superannuation Faces Rising Costs, Recommends Mergers
Rising costs, cyberattacks, and lawsuits over delayed insurance claims are impacting Australia's $4.2 trillion superannuation sector; KPMG suggests mergers as a solution, with mega funds growing and not-for-profit industry funds now holding 40% of the market.
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