The Annual Fund-level Superannuation Statistics report contains detailed profile and structure, financial performance and financial position, conditions of release, fees and membership information for APRA-regulated superannuation funds with more than four members and eligible rollover funds, as well as profile and structure information for the trustees of these superannuation funds.
Current Annual Fund-level Superannuation Statistics June 2016 edition (issued 1 February 2017):
Each dot is one superannuation fund with 10 year return rate (blue) and 5 year return rate (red):
The above shows average 10year return rate of only 4.1%, this is even less when Inflation rate is considered:
Australia’s super pool is tipped to keep growing over the next two years from the current level of almost $2.2 trillion to more than $2.4 trillion. By 2020-21, IBISWorld predicts that Australia’s total super assets will be close to $4 trillion.
The average balance for those 60 to 64 years of age is a reasonable proxy for average retirement payouts, given that most individuals retire at, or around, their early 60s. In 2013/2014 average balances for this age group were $292,510 for men and $138,154 for women.
https://www.superannuation.
https://www.superannuation.
Here are some super comparison websites:
Even modest differences in fees can significantly affect the future return of a superannuation fund. Here we look at the relationship between performance and fees over multiple fund types using five years of data for 166 funds. Only funds where performance data was available for all years between 2011 to 2015 were included. Of particular interest is the sensitivity of fund returns for a given range of fees and the reliability of using fees to predict the gross rate of return.
According to Rainmaker, a leading research house, superannuation fees totalled $230 billion in the past decade — nearly a quarter of a trillion dollars.
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