
Jonathan Eriksen: Superannuation expert says there's no need to worry over worse than expected performance of the Super Fund
A call for calm, over the worse than expected performance of the Super Fund.
New Treasury figures show the Super Fund has underperformed forecasts, adding $2.2 billion to the Government's net debt in the 10 months to April.
The $56 billion fund is still performing well, delivering a 10 percent return this year before tax and after costs.
Superannuation expert Jonathan Eriksen told Mike Hosking there's no need to worry.
He says while it's been a long time since the markets have gone down as far as this, it's not the first time and won't be the last.
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