Original article by Andrew Main
The Australian – Page: 23 : 21-Nov-14

The latest data issued by the Australian Prudential Regulation Authority on the nation’s superannuation sector show that the total funds held in such accounts grew 9.6% to $A1.87trn in the year to late September 2014. Of this, 29% was made up by self-managed super funds. Some experts argue that the figures are meaningless as they do not contain a breakdown by type of fund, or average increases. Research firm Chant West notes that the median growth fund expanded 6.2% between January and October 2014

CORPORATES
AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, CHANT WEST FINANCIAL SERVICES PTY LTD, AUSTRALIAN INSTITUTE OF SUPERANNUATION TRUSTEES, UBS GLOBAL ASSET MANAGEMENT (AUSTRALIA) LIMITED, AUSTRALIAN TAXATION OFFICE