Australian superannuation funds had an impressive year in 2024, benefiting from lower inflation and interest rate cuts by central banks in Western countries, according to recent data.

The latest report from the superannuation consultant, Chant West, shows that many funds performed strongly, with the median Australian growth super fund delivering a solid 11.4% return, News.com reported.

According to Chant West research, the top-performing three growth funds in 2024 were UniSuper, Colonial FirstChoice, and Mine........

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