Today's article needs little explanation but serves as a reminder that things are not always what they seem.
To quote the opening quote from the 2nd article:
"The Australian Prudential Regulation Authority has written to Australia’s major superannuation funds telling them that “cash” investment options better be what they say they are – “cash”."
https://www.smh.com.au/business/banking-and-finance/super-funds-misrepresenting-cash-investments-apra-says-20180629-p4zolf.html
https://www.moneymanagement.com.au/news/superannuation/apra-confirms-cash-ain%E2%80%99t-cash-some-super-funds
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