Super funds deliver 5.6% for 12 months to March 2011
The median superannuation growth fund delivered 5.6% for the 12 months to 31 March 2011, although the median growth fund has delivered a more impressive 10.1% for the financial year to date (July 2010 to March 2011), according to rating company Chant West.
Super funds deliver 8.6% for 12 months to February 2011
The median superannuation growth fund delivered 8.6% for the 12 months to 28 February 2011, and the median growth fund delivered an impressive 9.6% for the financial year to date (July 2010 to February 2011), according to rating company Chant West.
FEEding frenzy: super fund fees
When superannuation funds are delivering strong returns, you don’t see much written about the costs of investments, including the costs charged to member accounts by super funds. When returns are poor however, fees become more obvious.
Retail funds outperform industry funds in 2009/2010
Can you feel it? The warm breeze is the collective sigh of relief within the funds management and superannuation industries that super fund returns are in the black – and in double digits.
Super for beginners, part 13: Why pick one industry super fund over another?
Q: I know that industry super funds generally have a good performance – particularly because of low fees, but I wondered, what is the benefit of picking one for your particular industry?
Super fees: how much should a fund charge you?
The Super System Review (SSR) panel, in particular, chair Jeremy Cooper, has drawn a line in the sand and publicly stated that the SSR believe it’s possible to reduce the fees charged by super funds to a mere half a per cent, or even less. Go Mr Cooper!
THE SOAPBOX: Cooper declares war on retail funds and financial advisers
The Super System Review chaired by Jeremy Cooper has gone back to basics for our future super needs: no frills, lower fees and no more commissions leading to the inevitable, slow death of the financial adviser/retail fund love-in.
Choosing a super fund without an adviser
Any consumer thinking about switching super funds may want to reconsider whom they rely upon for financial advice, based on survey findings released in 2006 by financial regulator, the Australian Securities and Investments Commission (ASIC). The survey found that nearly [...]
Getting real super advice
You don’t have to get advice when choosing super funds, or when considering making extra super contributions, or for any other financial matters. If you do want advice however, do some research on reputable advisers. Advisers deserve to be paid [...]
