If you are one of the million Australians whose super fund failed APRA’s recent performance test, consider these things before you jump ship.
The big picture: Focus on super’s long-term returns
They say a picture is worth a thousand words, so we’ve created a visual representation of super’s value in the long run.
Super fund performance: Monthly returns to July 2021
Super funds continued their positive run into the new financial year, with the median Growth fund (61-80% growth assets) up 1.1% in July.
Monthly super fund performance Reckoner: Monthly returns for 5 investment categories
In our reckoner below you can view the median monthly investment returns for 5 superannuation investment options going back to January 2016.
Pension fund performance to June 2021
Superannuation pension funds delivered stellar returns to retirees in the year to June 2021, with the median Growth fund up a remarkable 20.1%.
Super fund performance over 29 financial years (to June 2021)
In this article we report median super fund performance for 1, 3, 5, 7, 10 and 15 years, up to 30 June 2021 and across five different investment options.
Annual super fund performance Reckoner: Annual returns for 5 investment categories
In the reckoners below you can view the median super fund returns for 1, 3, 5, 7, 10 and 15 years across five different investment options.
Super fees and returns calculator
Wouldn’t it be great if you could see the real impact of fees on your super account? This calculator enables you to project a future super balance based on your current super balance, salary, age and desired retirement age.
What are lifecycle super funds, and how do they perform?
The impressive share market recovery since the end of March last year has boosted returns for all Lifecycle age cohorts during that period, but younger members with higher allocations to shares have enjoyed the best of bounce back.
What’s really driving the performance of industry funds?
On the surface, industry funds have a lot in common. Not only have they outperformed retail funds, but they have also pioneered largescale investment in unlisted assets. Is that the secret to their success or is there more going on?
Superannuation funds: Does size really matter?
When it comes to choosing a superannuation fund, it’s natural to think that big is better, but does being big really make a super fund better?
Fund Performance: SMSFs vs APRA super funds
A common argument put forward against individuals starting a self-managed super fund is that budding SMSF trustees could lose their hard-earned super savings through inexperienced investing, and bad investment decisions.
