Affected by the Iran conflict, Australian pension funds have experienced the most severe monthly losses in over three years.
Due to the market volatility caused by the Iran conflict, Australian pension funds have suffered their most severe monthly losses in over three years. In March, the average loss in various investment options was 3.2%, the worst performance since September 2022, mainly due to the industry's large exposure to stocks. The ongoing market volatility has prompted many Australians to change their retirement fund investment strategies out of concern for their retirement savings balance.
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