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Consumer access to sound advice comes first, according to Michelle Levy, the Allens partner who recently led a review into the sector. She urged the government to dispense with any further consultations and get on with implementing the review’s far-reaching reforms.
Many of the top-performing names in superannuation lead their target allocation categories over long time periods, a newly released quarterly survey from Morningstar showed. But it came with a sobering kicker: there’s still a significant account balance gender gap.