Unfortunately for Australians trying to save for retirement there likely is no such thing as the best superannuation fund. What appears to be a simple question has quite a complex answer.
While there may be such a thing as a best superannuation fund for a particular person at a particular time, this is highly variable. Such a determination could only be made after considering an individuals financial needs and goals. Even then which is the best superannuation fund for them could change over time.
What qualities would the best superannuation fund have? It would depend on the needs to the member. Does best mean the highest investment return? But then how would this take account of the risk that the fund might have taken to produce the return? Also best performance in the past, as is often said, is no indicator of future performance.
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