Now updated to 31 March 2021. Have you ever looked at your super fund’s investment returns and thought “that looks pretty good”, or “that’s disappointing’’, and wondered how your fund compares with similar funds? Is it a consistently high performer or an inveterate underachiever?
Have you ever wondered why your super fund rarely sends you mail? It could be because it is one of the 36 funds that perform badly, or one of the six funds that perform extraordinarily badly. As of mid last year those six funds managed the retirement savings of 900,000 Australians.
APRA statistics released this week show retail funds have lost nearly $23 billion in value since December 2017, while over the same period industry funds grew by nearly $40 billion. This represents a change in value of assets of -6% for retail funds and +4% for industry funds.
MySuper funds have been around since 2014, but they are undergoing change in an effort to improve investment performance and lower fees.
Super fund fees are in the government’s sights, and funds are beginning to take notice.
Ever wondered why your super fund is set up like it is, or who provides all the services to members? We have the simple answers to all your questions.
The Government has committed $159.6 million over four years to implement superannuation reforms that it says will save members $17.9 billion over the next decade.
Superannuation is a long-term investment but that doesn’t mean you can afford to put off thinking about it indefinitely.
Uncertain about whether or not you can choose your own super fund? Check out our simple guide to the current fund choice rules.
On this page you can find a list of all super funds that are regulated by APRA. This is essentially every fund except for SMSFs and small APRA funds.
Whatever your circumstances, it’s important to canvass all your options before you make your final selection. It’s also worth remembering that your choice of fund is not a life sentence. If you are unhappy with your fund for whatever reason, you are free to switch funds provided you have choice.
Superannuation is now very much super-sized, with 187 super funds and $2.9 trillion invested. Here we list the 20 largest super funds in Australia so that you can benchmark your own fund.
Is your super fund a star performer or a lemon? Follow our 6-step guide to assess if your super fund is right for you.
APRA has released a ‘heatmap’ of MySuper superannuation funds designed to smoke out underperformers. We look at why it’s come about, and what insights it presents.
While the big funds absorb recent legislation, some noteworthy innovation is coming from entrepreneurial outsiders hungry for a slice of that $2.9 trillion pie. We look at some of the leading innovations over the past year and what they tell us about where super is headed.