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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.

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Niko Kloeten
Fri, 08 Oct 2010
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Close the government managed funds because they waste taxpayers’money
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