Australian pension funds under scrutiny as disconnect between fees & performance grows

Australian pension funds under scrutiny as disconnect between fees & performance grows

View of Melbourne, Australia at night

Just two of Australia’s 30 highest fee-charging pension funds are ranked in the country’ top 30 performing funds, according to a Reuters analysis, a disconnect likely to come under scrutiny when managers face a powerful inquiry into financial misconduct which restarts on Monday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter