Consumer satisfaction with superannuation fund
Satisfaction with the financial performance of industry and retail super funds has continued to fall, after falling as the Financial Services Royal Commission turned its attention to superannuation.
According to the latest Roy Morgan figures, 61.8% of industry fund members as satisfied with the financial performance of their fund, compared to 58.2% of retail funds. This is down 0.3% for industry funds compared to August 2018 and down 1.0% for retail funds. Though compared to a year earlier industry funds are up 2.7% and retail funds up 1.3%.Read More »Satisfaction with performance of industry and retail funds continues to fall