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.
As we start a new Parliament, we asked some of Australia’s top experts in superannuation and retirement planning what they think the government should be focusing on.
A key recommendation in the new Productivity Commission report, the idea of employees being given a ‘best in show’ list for the top 10 performing super funds has been met with a hostile response from the super industry.
The 700+ pages in the Productivity Commission’s report on superannuation hold a treasure trove of insights for policy makers, regulators and super funds. We can only hope everyone takes note and makes improvements that flow through for all Australians.
The Productivity Commission final report on superannuation is a weighty tome covering the diverse aspects that make up the world of super. We’ve extracted the key issues and findings for the SuperGuide readers that would like to dive deep.
Australia’s current super system is “harming millions of members” through underperforming funds, multiple accounts and excessive fees.
Depending on who you believe, self-managed superannuation funds range from being the greatest invention of the modern age or the most likely cause of the next financial crisis.