And dont forget the increasing pressure on them to buy safe assets like government infrastructure bonds. This government has already said they expect super funds to buy stakes in the major infrastructure projects.
And the reason there hasnt been any complaints from super funds? The government proposal to lift the super payment from 9% to 12%. Gives the super funds (a decent % of which are controlled by unions) much greater funds to play with...i mean invest.
Everywhere you look this government is restricting freedoms.
