Solved

Which of the Following Statements Is True

Question 54

Multiple Choice

Which of the following statements is true?


A) Since the 1990s, assets of superannuation funds outside life insurance offices have grown much slower than life insurance office funds.
B) Assets in defined benefit schemes have experienced greater growth than assets in accumulation schemes.
C) The introduction of the Superannuation Guarantee Charge (SGC) policy in 1992 resulted in rapid growth in Australia's superannuation industry throughout the 1990s.
D) Industry superannuation funds are regulated superannuation entities with more than ten members that provide benefits for employees working in the same industry.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents