Monday, October 17th, 2011 - Your Money Magazine
Half the Australian workforce has money in industry superannuation funds and according to Your Money Magazine, they have the right idea.

The results of Your Money Magazine’s first Super Fund of the Year awards show that big brand retail funds don’t necessarily deliver big returns with industry super dominating the medal list and top 10 tables. Only six funds – less than 25 per cent - were from outside the industry super fund sector in the annual review.

The super funds were judged on their performance over ten years across four investment options. Your Money Magazine managing editor Jackie Pearson said with superannuation the most significant source of retirement income for many working Australians, long-term performance was vital.

“Our medal-winning Super Star funds are those that have performed the best over the past 10 years and also offered consistent above-average performance in the main investment options across five and seven years,” Pearson explained.

And members of winning funds need not worry about the fate of their retirement savings in the current global uncertainty.

“The best funds can cope with volatility and take steps to make sure they perform well regardless of the state of the market, which is reassuring in the current economic climate,” said Pearson.

Full coverage of Australia’s best super funds and details on how to switch funds is available in the current issue of Your Money Magazine. On sale now at leading newsagents and online at www.yourmoneymag.com.au.

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Your Money Magazine


Your Money Magazine is for all Australians looking to increase their personal wealth and achieve the lifestyle they desire. Your Money Magazine’s key focus is to educate the Australian public about money management by providing down-to-earth, easy to comprehend content, detailed product comparisons across a range of categories, and recommendations from some of the country’s leading industry experts.

Combining in-depth research and product comparison tools with shrewd financial education materials, Your Money Magazine takes a unique place in the Australian market allowing readers to not only compare existing products but to educate themselves and take decisive action all in one place.

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Lisa Narroway
P: 02 8437 4726
W: www.yourmoneymag.com.au

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your money magazine, superannuation, retail, industry, fund, retirement savings, investment

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