Australia’s super industry urged to pursue consolidation
Amid the industry-wide criticisms being levelled at the Australian superannuation industry are claims that both funds and super players need to merge together. It won't be easy.
![Australia’s super industry urged to pursue consolidation](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2Fmerger.jpg&c=1&h=677&q=100&v=20254217&w=1204)
Australia's financial regulators are cracking down hard on governance issues in the country's superannuaction industry. But industry service providers believe they should do more to encourage mergers between underperforming or sub-scale superannuation funds.
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