Insto roundup: Temasek, CapitaLand in $8bn deal; QFII limit doubled
Australian report highlights superannuation industry flaws; CapitalLand acquires Ascendas, China doubles QFII quota limit; Korea's NPS sets up stewardship division, and more.

AUSTRALIA
The Productivity Commission published its report on the superannuation industry on January 10, which noted that structural flaws — unintended multiple accounts and entrenched underperformers — are harming millions of members. The commission argued that fixing these problems could save members A$3.8 billion ($ billion) a year, and mean a new job entrant could have A$533,000 when retiring in 2064.
The report noted a number of issues in the industry, including underperf…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.