Although superannuation funds, on average, delivered strong returns for the 2017/2018 year, some Australians may be questioning how well their own super fund is performing and wondering what this performance means for their retirement plans. If you are saving for retirement, low investment returns make it harder to ... Read more
Benchmarking your super fund
One of the more challenging aspects of superannuation for many Australians, is whether their super fund’s performance is good enough. Does your super fund deliver comparatively strong returns over the longer term? Does your super fund charge competitive fees, or are they too high? What is the insurance coverage like? Does your super fund offer financial advice (and is that important to you)?
Along with the key articles listed below, you may also find useful our special sections, Comparing super funds, and Choosing a fund (fund choice) and Choosing an investment option (investment choice).
Set out below are key articles to assist you in assessing and benchmarking your super fund:
Set out below are all SuperGuide articles referring to Benchmarking your super fund.
Cheap financial advice available from super funds
Superannuation funds have been providing cheap (and in some cases, free) personal financial advice to super fund members with the blessing of the Australian Securities and Investments Commission (ASIC), since 2009. In early July 2009, ASIC announced that it’s okay to provide personal financial advice over the phone, ... Read more
Mirror, mirror… what super fund is the best-performing fund of all?
Note: SuperGuide updates this article every 6 months with the latest performance and super fund data. Discover the best ‘value for money’ super fund for 2018, the super (pre-retirement) fund of the year for 2018, and the pension (retirement) fund of the year for 2018. This article also lists the top 10 performing ... Read more
Super for beginners, part 20: Comparing your super fund’s performance
Q: The investment return on my super fund account doesn’t seem to compare with the investment returns that I read about in the newspapers. Are the newspapers wrong, or am I in a rubbish super fund? A: Every month or two, the general media reports the latest returns from Australia’s largest super funds. As a ... Read more
Investment performance: Benchmarking super fund returns
Q: What you do is very important, thank you. I am 62 years, retired and draw an account-based pension. What I need is to get sound independent advice about whether I am in the best fund for my needs and how my super fund compares. I am considering changing super funds, but I need to know whether the super fund I am ... Read more
Comparing funds: How does my super fund rate?
Q: Currently my husband and I invest in a couple of super funds. How can we find out where they rank on performance, compared to other super funds? The ranking on performance can change over time for a particular fund, and the ranking also depends on the particular timeframe that you’re looking at – for example, a ... Read more
