With the sharemarket bouncing due to coronavirus fears, is your superannuation safe? | The Business

The sharemarket may have hit the pause button on dizzying falls, but the ASX has seen more than 30 per cent of its value since the February peak. One giant investor in equities is the $2.7B superannuation sector and it’s taken a huge hit. Workers nearing retirement are particularly nervous, but the message from the the CEO of Australian Super, Ian Silk, is super is for the long haul, and a good investment.

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