What the big deal with this. Cash funds in most super funds now give minimal or -ve returns now due to increase of fees most super funds introduced mid 2017. Just ask ING, Commonwealth etc.
The fellow who had his money in a cash fund for years should have known this if he cared to read his stmts or held it there for safety. He was nearing retirement anyway.
Amp superfunds with 100k were losing money, page-28
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