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Millions of industry super fund members benefiting from more savings under multiple accounts clean up

Published: 21 Nov 2019

More than one million industry super fund members have benefitted from hundreds of millions of dollars in super savings, thanks to industry fund initiatives leading the way in cleaning up multiple accounts.

New figures released today show in the past three years, thanks to the proactive work of industry super funds, more than 1.5 million unintended multiple super accounts have been returned to a members’ current account, delivering hundreds of millions of dollars in savings to members.

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