Original article by David Rogers, Gerard Cockburn
The Australian – Page: 13 & 18 : 16-Jan-20
Data from SuperRatings shows that the median balanced superannuation fund achieved a return of 13.8 per cent in 2019, for the best calendar-year gain since 2013. SuperRatings’ executive director Kirby Rappell says investors should not expect a similar return in 2020, although he expects the sector to perform well again. Rappell adds that consolidation in the super industry is likely to continue in 2020, and the sustainability of operating expenses will be a key issue for funds of all sizes. The average super fund has returned 7.7 per cent over the last decade.
SUPERRATINGS PTY LTD, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY