Original article by Sally Patten, Alice Uribe, Matthew Cranston
The Australian Financial Review – Page: 1 & 4 : 2-Jan-18
The average balanced superannuation fund returned 10.5 per cent in the 12 months to December, the first time in five years that returns have been of double-digit nature. The 10.5 per cent return achieved by super funds exceeded the total average return of 9.1 per cent from property across capital cities for the 12 months to November. However, superannuation experts warn that the strong returns achieved in the past year are not likely to be repeated in 2018.
THE ASSOCIATION OF SUPERANNUATION FUNDS OF AUSTRALIA LIMITED, FIRST STATE SUPER, SUPERRATINGS PTY LTD, CHANT WEST FINANCIAL SERVICES PTY LTD, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, RESERVE BANK OF AUSTRALIA, UNITED STATES. FEDERAL RESERVE BOARD, AUSTRALIANSUPER PTY LTD, KINETIC SECURITIES PTY LTD, SUNSUPER PTY LTD, HOST-PLUS, AUSTSAFE, VISION SUPER PTY LTD, INTRUST SUPER FUND, VICSUPER PTY LTD, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION