News Formal

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

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 78%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

that money went somewhere

They will be unshredded. Markets always come back.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 7. in SE

Sverige Senaste nytt, Sverige Rubriker