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Regulatory

ASIC targets funds over 'disappointing' retiree communications

The regulator said funds are too focused on product promotion and member retention and demonstrate a lack of urgency in improving retirement communications.

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Read more: ASIC,  APRA,  Australian Meat Industry Superannuation Trust,  Aware Super,  Brighter Super,  BT Funds Management,  Commonwealth Superannuation Corporation,  HESTA,  Hostplus,  Legalsuper,  Nulis Nominees,  UniSuper,  Vanguard Super