InFinance --- Page: 30-31 : March 2007 No author supplied for original article
ABIX Summary
Three financial experts in Australia have looked at the key issues that arise from large superannuation fund balances. More and more Australians are pouring money into super to pay for their retirement. There are also the employers' contributions to super, mandated by law. The sheer weight of money flowing into super is creating risks and opportunities. Those running super funds have to be aware of the risks, and they have to constantly review the portfolios and asset classes. Super funds have to comply with numerous laws. The Australian Prudential Regulation Authority will monitor super funds and will pay close attention to their practices