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Lack of Due Diligence by Military Superannuation Fund leaves a $7.89 Million Sting

So, the financial management team responsible for the oversight of our military's superannuation in Australia didn't realise it would be stung an ~ $8M withdrawal fee. Makes you wonder if they actually know what they're doing. Not very reassuring in today's market.

http://www.smh.com.au/business/military-fund-trapped-by-fine-print-20110905-1ju6u.html