Market volatility shreds nearly nine per cent of superannuation | Sky News Australia

📆 15-04-20 06:04:00
📰 SkyNewsAust

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Nearly nine per cent of superannuation savings were shredded in March as the coronavirus wreaked havoc on the share market.

Research from SuperRatings also found the average median growth fund fell 10 per cent in the first quarter.

SuperRatings warned people against accessing their super funds during the crisis, claiming withdrawing money could potentially lock in further financial losses Image: Getty

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that money went somewhere

They will be unshredded. Markets always come back.

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