Time to call out super fund underperformance

Rainmaker Information

While the 2020 Commonwealth Budget announcements of a super fund performance test and new legislation to increase scrutiny on super fund trustees has been criticised by some superannuation industry advocates, research by Rainmaker Information shows that there is an underperformance challenge that needs to be confronted.

Rainmaker’s 2020 Superannuation Benchmarking Report revealed that across several major asset classes, super funds continue to struggle to match asset class indexes.

This has led to calls by some market

/Public Release.