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Maritime Super, LUCRF: The Great Purge comes for super funds – The Australian Financial Review

Before midday, both LUCRF and Maritime Super had been vaporised from the Industry Super website.

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On the whole, industry funds have vastly outperformed for-profit funds, such is the nature of higher fees paid to related parties by major banks and wealth managers, and the benefits of free membership growth via the stitched-up industrial relations default…

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