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Superannuation News
How did your superannuation fare in 2009?
14/01/2010
A news article by the Herald Sun on 2 January 2010 discusses superannuation and how it has affected Australians.
The article states that people who were passive and stayed in the ‘default balanced investment option’ did well and clawed back a lot of the losses of 2008. Over the past seven years to the end of November the median growth option returned earnings in line with the more aggressive high growth option and ahead of the conservative option.
So for the actively engaged, the news is not so good. This mainly includes people who obsessed about their superannuation and changed out of growth and balanced investment options in 2008 and early 2009.
