Average superannuation fees in Australia have risen by 19 basis points per annum following the implementation of latest rules over how such costs are calculated.
AUSTRALIA - The median growth superannuation fund (61 to 80% growth assets) fell 1.5% in July on the back of weak share markets, research from Chant West shows.
AUSTRALIA - The median growth superannuation fund gained 1% in January 2011, research by Chant West shows.
AUSTRALIA - The median superannuation growth fund returned just 4.7% in 2010 following a downbeat first half, research by Chant West shows.
AUSTRALIA - The median Australian superannuation growth fund returned 10.4% in the year ended June 30, besting its target returns by over 300 basis points, according to data by Chant West.
AUSTRALIA - The median superannuation growth fund remained flat in April, returning -0.1% for the month, as the global markets were dragged down due to concerns over Greek sovereign debt and the possible ‘contagion' of other economies, consultancy Chant...
AUSTRALIA - The median Australian superannuation fund finished the year with a 15.1% return, but has yet to recover from the losses suffered during the global financial crisis.
AUSTRALIA - The median superannuation growth fund was up 9.9% in the quarter ended September 30 on the back of strong domestic equity and real estate markets.
AUSTRALIA - The median growth superannuation fund returned 3.2% in August, marking the sixth straight month of gains, said research firm Chant West.