Superannuation Performance At Impressive Levels
The recently released July 2014 Roy Morgan Research Superannuation Satisfaction report shows impressive results from the Superannuation sector, recording the highest financial satisfaction level since the Global Financial Crisis.
The report was based on over 30,000 respondents who were asked about their satisfaction on Superannuation financial performance. Overall Superannuation performance was at a high of 55.7%, up by 6.9% from last year. Self Managed Super Funds is still king, with a 77.9% satisfaction rating, followed by industry funds at 56.2% and Retail at 54.2%. The report analysis shows that SMSFs are a strong and stable sector that is still expanding even when it has dominated the market for years.
Read more about this analysis on the Roy Morgan Research website.