Essential Report

Performance of superannuation fund

Jul 22, 2014

Q. How satisfied are you with the performance of your superannuation fund?

 

Total

 

Men

Women

Aged

18-34

Aged

35-54

Aged 55+

 

Industry fund

Retail fund

Self-managed

Total satisfied

73%

 

73%

74%

62%

78%

86%

80%

77%

92%

Total dissatisfied

10%

 

12%

8%

12%

9%

11%

7%

13%

5%

Very satisfied

14%

13%

15%

10%

14%

23%

14%

17%

25%

Satisfied

59%

60%

59%

52%

64%

63%

66%

60%

67%

Dissatisfied

7%

8%

6%

8%

6%

9%

5%

9%

4%

Very dissatisfied

3%

4%

2%

4%

3%

2%

2%

4%

1%

Don’t know

16%

15%

17%

26%

14%

3%

12%

10%

4%

73% of respondents say they are satisfied with the performance of their superannuation fund and 10% are dissatisfied.

92% of those with self-managed funds were satisfied compared with 80% for industry funds and 77% for retail funds.

26% of those aged 18-34 could not give an opinion.

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