‘Stay the course’: Cash option proves costly for super switchers - Sydney Morning Herald

Super fund members who switched their retirement savings from their fund’s balanced investment option to cash during the COVID-19 pandemic-induced market turmoil have missed out on big sharemarket gains.

Superannuation fund members who panicked during the pandemic-induced sharemarket crash and switched to their funds most-conservative investment options are likely to be poorer in retirement. Fund ca… [+1799 chars]

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