Superannuation levy 'unfair' for smaller funds

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AUSTRALIA -Plans to introduce a levy on regulated supers to help recompense members is unfairly favourable towards larger funds, industry bodies claim.

Both the Association of Superannuation Funds of Australia (ASFA) and the Australian Institution of Superannuation Trustees (AIST) have made submissions critiquing a A$55m (US$58.1m) levy on regulat...

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