Super members suffered sharp declines in December 2018, pushing many into negative territory for the year, with the likelihood of further losses over coming months as market volatility and political risk continue to challenge the outlook. The latest data from superannuation research house SuperRatings, reveals major fund categories all suffered declines in December 2018, contributing […]
Synopsis of SuperRatings’ views regarding the Productivity Commission’s final report Superannuation: Assessing Efficiency and Competitiveness: SuperRatings supported the need for a review of the current system and we engaged with the Productivity Commission by providing data and insights, including a formal submission regarding the draft report at that time. Our submission focused on areas where […]
There has always been an element of tension between super funds and financial advisers. From the super fund’s perspective, the adviser is a possible threat to member retention and can disrupt the fund’s engagement process. For the adviser, the super fund can sometimes seem like a closed shop, unwilling to give up control of the […]
With 2019 upon us, SuperRatings shares some tips that will help get your superannuation off to a flying start in the new year. Here are the six questions we think every member should ask themselves if they want to get the most value out of their retirement savings. If you’re looking for a new year’s […]
Super members are at risk of their first annual loss since 2011, after recording a third consecutive month of negative returns in November, as market volatility continues to test global markets. The latest data from superannuation research house SuperRatings reveals a negative return of -0.6 percent in the month of November for members invested in […]
Super members have suffered their second straight month of negative returns and are now firmly in the red for the financial year as market volatility and political uncertainty weighs on market sentiment. Nonetheless, super members remain well ahead over the long term with $100,000 invested ten years ago in any number of funds still worth […]
Voluntary superannuation contributions have eased slightly after approaching record highs as super members appeared to take a breather after riding the bull market of recent years. The latest data from superannuation research house SuperRatings reveals the average voluntary contribution over the course of the 2017 financial year was $1,054. This was a 10 percent decline […]
Australia’s superannuation funds are participating in the global share market rally, with big gains from US and European markets showing up in members’ accounts and providing a promising start to the 2018-19 financial year. According to SuperRatings’ data, the median balanced option grew at an estimated 1.1% in July, while the median growth option delivered […]
Australia’s superannuation fund members have reason to expect a pickup in performance in the second half of 2018, following a volatile first half that saw super funds scrambling to recover from a global selloff earlier in the year. SuperRatings’ data shows the median balanced option grew at an estimated 1.3% in June, bringing the June […]
SuperRatings’ response to the Productivity Commission’s draft report on efficiency and competitiveness of superannuation indicates support for a review of the current system, with insight provided into some of the draft findings and recommendations where we foresee implementation issues that could potentially present challenges. View the full response here
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