APRA data shows Aussie fixed income super assets declined in 2009
- Thursday, 11 February 2010
The Annual Superannuation Bulletin released by the Australian Prudential Regulation Authority (APRA) on February 10 strongly suggests that the level of local superannuation funds allocated to Australian fixed income dropped significantly in the 2008/9 financial year. The fall was caused by declining asset value and a slightly reduced default allocation to domestic fixed income.
