kirby rappell

Superannuation funds and pensions posted declining returns in September, weighed down by falls in sharemarkets and an uncertain rates outlook, according to a new report. But they continued to outperform equities, showing diversification pays off.

Australians should be putting more money into superannuation and diversifying out of property, some say, even as super performance remains a question mark.

Funds have adapted to the test’s metrics, but the consequent risk aversion could put the industry in “limp mode” and curb performance.

Funds have adapted to the test’s metrics, but the consequent risk aversion could put the industry in “limp mode” and curb performance.