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The Global pandemic in year 2020 has caused a decline in the prices of equity and credit securities. Many superannuation funds are expected to generate
The Global pandemic in year 2020 has caused a decline in the prices of equity and credit securities. Many superannuation funds are expected to generate negative returns on investments during this period.
Discuss how negative returns would affect employees and employers if the superannuation funds is a:
i. defined benefit plan
ii. defined contribution plan
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