Super returns defy the critics

The value of superannuation as an investment vehicle has been reinforced by the latest (September quarter) superannuation data released by the Australian Prudential Regulation Authority (APRA) revealing strong investment performance.
The data revealed overall investment performance to the end of September was 16.7%, representing a strong increase on the rate of return (ROR) for the prior period of minus 1.1%.
The five-year average rate of return was 7.8%.
The APRA data also confirms the degree to which superannuation fund investment allocations have changed, with international equities now representing a higher proportion than domestic equities.
“Over the September 2021 quarter, total assets increased by 2.4% (or $58.2 billion), nearing $2.5 trillion,” the APRA analysis said.
“With over $2.2 trillion in investments, 55% were invested in equities (23% in Australian listed equities; 28% in international listed equities.”
“Fixed income and cash investments accounted for 28% of investments (18%per in fixed income and 10% in cash). Property and infrastructure accounted for 14% of investments whilst other assets, including hedge funds and commodities, accounted for 3%.
You are assuming they are trying to fix the "problem". They're trying to keep home owners happy and working on…
Mr Molino was never the member for Fraser in the ACT. The seat was renamed Fenner for the 2016 election…
Govts disastrous failures. 20 years of morons in Canberra and look at the results. Housing & Fin Advice two very…
The PHD in economics is the scariest. How many academics actually understand the real world
Money is leaving at a slower rate with this being considered by AMP management as a positive. Australia's Money Pit…