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$3.3 billion fall in retail managed funds

The once-off transfer of StatePlus' Master Fund businesses worth $18.6 billion out of retail funds to First State Super has had a significant impact on the retail market, according to Plan For Life Actuaries.

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Read more: StatePlusFirst State SuperMaster FundColonial First StateCommonwealth BankBT Financial GroupIOOFMacquarieOneVuePraemium