Super Funds

Who is looking after your retirement savings?

We're not quite sure who's supposed to defend our right to a peaceful retirement. Picture: AFP

Twenty years after the introduction of compulsory superannuation, an alarmingly high proportion of Australians are unable to answer this seemingly simple question.

This week News Limited published rankings of the nations best and worst performing super funds over the past decade, based on their investment return after fees and taxes on their default product.

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  • Esteban says:

    06:29pm | 10/10/12

    I bet a super fund that spread money on a weighted basis with the companies that make up the all ords would be a great success. The fees would be low because there is no analysis of companies required. There would be the usual entry fee to cover brokerage but… Read more »

  • Bob says:

    06:17pm | 10/10/12

    @St.Michael the reason is simple the 500 + are mainly ALP Union or LNP funded. Read more »

 

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