Super funds on track to deliver double-digit returns for 2021

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October was another positive month for superannuation, as confidence was high, in anticipation of lockdowns lifting and the economy opening up further. According to SuperRatings’ data, the median balanced option rose an estimated 0.7% in October, with the median growth option rising by a similar amount. While the median capital stable option was flat returning

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Accessing advice helps drive better retirement lifestyle

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With half the country in what seems never ending rounds of lockdowns and pandemic fatigue setting in, one of the last things most Australians want to do is look at their Superannuation balances and investment options.  That is, however, exactly what SuperRatings is wanting us to do, as neglecting your super or responding to short

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Super funds deliver over $300 billion to members in FY2021

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Super funds set to finish the financial year on a high SuperRatings has released preliminary performance figures for superannuation fund performance for the period to 30 June 2021, with member accounts on track to balloon by over $300 billion. Though the financial year isn’t quite over yet, and all eyes are on the government’s response

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Budget takes important step towards universal coverage

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With the recovery in superannuation looking increasingly secure, the focus in May was on the federal budget and some of the new measures to strengthen the system, including additional support to boost women’s retirement savings. This budget is the second pandemic budget, with the focus now shifting from temporary spending measures to building a more

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Super fund recovery steps up pace in March

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The remarkable recovery in super fund’s performance continues with another strong month of returns despite a slower vaccine rollout than many had hoped for and some regulatory uncertainty around the use of some vaccines. According to SuperRatings data, the median balanced option rose an estimated 2.0% in March, while the median growth option rose an

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Super funds record slow but steady start to 2021

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Super funds had a modest start to 2021, recording a small but positive result in January as markets responded to mixed news surrounding the pandemic and the pace of the economic recovery. While not as strong out of the gates as members had hoped, January’s result nevertheless marked the tenth consecutive month of gains for

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The top returning super funds of 2020

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In a year defined by the global pandemic and the locking down of economies, the superannuation system faced arguably one of its toughest test in its 29-year history. Now, as super funds finalise their reporting for December 2020, the strength of superannuation’s comeback is clear. Despite the market turmoil in the first half of the

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Super recovery still underway as outlook improves

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The recovery in superannuation continues as lockdown conditions gradually ease across the country and Australians prepare for a relatively normal summer, with fewer restrictions on gatherings and business operations. According to estimates from leading superannuation research house SuperRatings, the median balanced option returned 0.5% in October, while positive market movements in November point to continued

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QSuper named Fund of the Year 2021

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SuperRatings and Lonsec have announced the winners of this year’s Fund of the Year Awards, which was held virtually for the first time in the event’s 18-year history. The Fund of the Year Award went to QSuper, which also took home the Pension of the Year Award and the Smooth Ride Award. UniSuper claimed the MySuper of the Year Award,

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RateMySuper tool to help members understand and compare fund performance

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Leading superannuation research house SuperRatings has launched a new super fund comparison tool to help members understand and compare investment performance across different super funds. The RateMySuper tool is made available to super funds to help current and prospective members understand how their fund stacks up on a net benefit basis. The Lonsec-owned SuperRatings said

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