Not-for-profit superannuation funds surge into top spot after banking inquiry

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Not-for-profit superannuation funds surge into top spot after banking inquiry
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  • 📰 The Guardian
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Industry funds receive 13.8% increase, while retail sector run by big banks and finance companies grow by just 0.51%

Not-for-profit superannuation funds have moved into a clear position of dominance in Australia’s $2.87tn retirement savings industry following the banking royal commission, new figures show.

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