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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Steady returns put super funds back in the black

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The recovery in superannuation continued through August as funds posted their fifth consecutive month of gains amid signs of economic recovery in the September quarter. Market stability and continued momentum in shares helped to bolster account balances in August. However, while consumers and investors are looking ahead to a ‘COVID normal’ world, the recovery is

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Super funds close to recouping losses, but pandemic risks remain

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Super funds have started the new financial year with some positive momentum but face a period of stark uncertainty as Australian cases of COVID-19 rise and Victoria enters harsher lockdown conditions. While we have seen stabilisation in markets, they remain vulnerable to further shocks, while super fund performance is contingent on how communities and economies

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Which super funds have outperformed during the Covid crash?

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In a financial year that saw a bull market turn into a sharp selloff followed by a recovery, super funds were rocked by a level of volatility not seen since the financial crisis a decade ago. As funds finalise their reporting for June 2020, the fallout from the Covid-19 crisis is clear, but far from the

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Super fund recovery brings FY20 returns back from the brink

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A strong June quarter has seen super funds recover from the depths of the COVID-19 crisis in March, however results for the 2020 financial year will fall shy of a positive return. As major industry and retail funds begin reporting their returns up to June, the full impact of the virus thus far has been

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Super funds regain ground but face tough financial year end

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Super funds have proven resilient to the turmoil that hit markets in the wake of the COVID-19 outbreak, extending their recovery through May and early June, and are on track to finish the 2019-20 financial year down but far from out. According to estimates from leading research house SuperRatings, the median balanced option rose 2.1%

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Super fund returns stabilise in April

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As markets saw less volatility in April, super funds saw some of March’s losses reversed, although the memories of the March falls remain fresh. Members enjoyed a positive result in April, recovering some of the value that was lost in March, but account balances remain down since the start of 2020. According to estimates from

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Super members must take long-term view

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In the wake of the most challenging quarter for financial markets in living memory, super members are scrambling to check their account balances to see what effect the sell-off is having on their retirement savings. While members are undoubtedly nervous and wondering what the market has in store for them next, leading research house SuperRatings

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Government needs to refine super access — fast

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The Government is getting most things right. But no one is perfect in the face of a crisis. For some of the most vulnerable people in society the Government’s message is effectively saying, “Use your own super to tide yourselves over and by the way, you’ll need to take it out at a massive loss,

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Super funds immunised against short-term volatility

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According to estimates from leading research house SuperRatings, super funds had a positive start to 2020, with the median balanced option returning 1.9% in January, driven predominately by gains from Australian and International shares. The start of February was a different story as markets were affected by the outbreak of the Coronavirus, which led to

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