Superannuation facing grim financial year as markets flatten

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Despite a recovery in the March quarter, superannuation funds are heading for a disappointing 2018-19 financial year, with global growth challenges and a loss of market momentum meaning funds will struggle to make up for sharp losses in the December quarter. According to estimates from leading superannuation research house SuperRatings, balanced option returns were largely […]

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The cost of ‘sustainable’ super may not match performance

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Super members searching for a ‘sustainable’ investment fund are exposed to the same challenges as those in more traditional funds with the sector delivering a wide range of performance outcomes and charging a range of fees, according to new research on the sector by superannuation research house SuperRatings. The SuperRatings research reveals that the median […]

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Super funds fully recovered from sell-off

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Super funds have emerged from the recent market downturn in top shape, recovering from a string of losses suffered in late 2018 as investors regained confidence and share markets were bolstered by a generally positive earnings season. February’s median Balanced option return of 2.6% was the highest monthly return since July 2016, while the median […]

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Super funds report first gains in 5 months

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Super members have escaped a fifth straight month of negative returns as market volatility turned in their favour over January, helping to claw back losses suffered in late 2018. The latest data from superannuation research house SuperRatings reveals major fund categories all enjoyed strong growth in the first month of the year. The median return […]

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Volatility the new normal as super returns take a hit

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Super members suffered sharp declines in December 2018, pushing many into negative territory for the year, with the likelihood of further losses over coming months as market volatility and political risk continue to challenge the outlook. The latest data from superannuation research house SuperRatings, reveals major fund categories all suffered declines in December 2018, contributing […]

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Second straight monthly loss for super members as volatility becomes the new normal

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Super members have suffered their second straight month of negative returns and are now firmly in the red for the financial year as market volatility and political uncertainty weighs on market sentiment. Nonetheless, super members remain well ahead over the long term with $100,000 invested ten years ago in any number of funds still worth […]

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Fund of the Year winners announced

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SuperRatings has announced the winners of the Fund of the Year awards, which recognise excellence in the superannuation and retirement industries. The winners were announced at a gala dinner held at Melbourne’s Grand Hyatt. Also announced is the Pendal Retirement Innovation Award, which recognises those individuals who are supporting the future of the superannuation industry […]

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Super sector faces rising costs as funds fight for active members

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Super funds are battling to improve active member ratios while operating costs per member are rising across the sector, with long-term implications for the sustainability of smaller funds. These are just some of the findings to be released today from the SuperRatings’ annual review of funds to a gathering of superannuation industry executives, fund managers and policy makers. […]

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SuperRatings expands actuarial team

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Leading superannuation research house SuperRatings is deepening its actuarial capabilities, with key new hires catering to further growth in its consulting arm. Rachael Povah joins the SuperRatings team as General Manager of Consulting, having previously worked for Mercer and Aon. As an actuary with 20 years of experience in superannuation and employee benefits consulting, Rachael’s […]

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Super funds boosted by global share streak

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Australia’s superannuation funds are participating in the global share market rally, with big gains from US and European markets showing up in members’ accounts and providing a promising start to the 2018-19 financial year. According to SuperRatings’ data, the median balanced option grew at an estimated 1.1% in July, while the median growth option delivered […]

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