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Australian Government to Strengthen Annual Performance Test for Pension Funds
The Australian government is moving to tighten an annual performance test for the nation’s A$4.5 trillion ($3.2 trillion) pension industry. The change comes as concerns grow that the current model may be steering investment away from some sectors. @business reported the development.
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The Australian government is moving to tighten an annual performance test for the nation’s pension industry, according to @business reported. 5 trillion. 2 trillion.
The move comes as concerns are growing that the current model of the annual performance test may be steering investment away from some sectors. 2 trillion) pension industry as concerns grow the current model may be steering investment away from some sectors.
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