Labor's plan to scrap franking credit refunds will give superannuation funds linked to banks and unions a leg up while potentially knocking self-managed super funds off their strong growth trajectory.
Joanna Mather joined the AFR as an education reporter in 2008. She spent four years in the Canberra press gallery before becoming superannuation reporter in 2016, deputy news director in 2021 and wealth editor in 2023. Connect with Joanna on Twitter. Email Joanna at jmather@afr.com
