Original article by Andrew Main
The Australian – Page: 22 : 18-Nov-14

UBS Global Asset Management has conducted new research on the superannuation sector for the Financial Services Council (FSC). It shows that just 17% of self-managed super funds (SMSFs) in the 12 months to November 2014 achieved growth of 10% or more. This compares unfavourably with an average return for large super funds overseen by the Australian Prudential Regulation Authority of 11.6%. A major factor in the gap is the limited allocation of funds by SMSFs to overseas assets. FSC CEO John Brogden nevertheless predicts the SMSFs segment to continue its rapid expansion

CORPORATES
FINANCIAL SERVICES COUNCIL, UBS GLOBAL ASSET MANAGEMENT (AUSTRALIA) LIMITED, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY