Retail funds top super rankings surveyBY JAMES FERNYHOUGH | FRIDAY, 6 DEC 2013 12:50PMRoy Morgan has released research in which it gives 20 superannuation funds a "consumer brand ranking", using the affluence of members as a central criterion for the fund's overall ranking. Related News |
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A fund for motor mechanics and people who assemble cars comes last - no surprise there! (Well maybe that a fund for health sector employees didn't do worse.)
The vast majority of the criteria were stacked against industry funds. Unisuper probably only did well as most academics have a base salary of just over $100k.
Industry funds were also never going to do well in the criteria of the members acquired through switching or sold via planners...
Industry Super Funds are never going to do well in a survey that rates platforms fairly, MTAA and Australian Super have both increased risk insurance premiums 40% plus recently. Industry Super Funds can boast that they are CHEAP ! they should also add nasty.