Close the government managed funds because they waste taxpayers’money
State-run managed funds worth more than $30 billion should be shut down and their “expensive” managers shown the door, according to an expert on retirement and savings policy.
Niko Kloeten Fri, 08 Oct 2010
State-run managed funds worth more than $30 billion should be shut down and their “expensive” managers shown the door, according to an expert on retirement and savings policy.
ACC, which manages a fund worth more than $10 billion, announces its annual result for the year to April next week.
