The prudential regulator is preparing to investigate the worst performing superannuation funds, many of which are in the not-for-profit sector.
"The bottom performers we look at pretty closely and we are going to be having conversations with them. A large proportion of those are not-for-profit," Australian Prudential Regulation Authority deputy chair Helen Rowell told a Senate estimates committee on Thursday.
The performance review was announced three weeks after a report on industry
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