About this Report
Roy Morgan's Superannuation Choice reports have monitored the superannuation market since the introduction of Super Choice in July 2005. The current Superannuation and Wealth Management in Australia Report is the fourteenth in the series expanding on the original theme by putting superannuation in a more holistic context. It continues the coverage of the superannuation market into the period ended June 2011.
Superannuation is understood and analysed in the context of all the other financial products, assets and debt that make up the true financial position of Australian households. Furthermore, the issue of financial advice is examined.
In addition to the regular features such as the analysis of the superannuation and managed funds switching behaviour, this Report ranks the top 16 superannuation fund managers in Australia. Critical issues such as potential financial planner bias, perception of independence and advice have also been dealt with in considerable detail.
This edition includes a special investigation of women and superannuation looking particularly at the differences between men and women regarding balances, sources of retirement income and adequacy of balances for retirement.
Benefits of this Report
With this report you will gain an immediate understanding of the Australian superannuation and wealth management market having important measures of product switching and the reasons for switching, satisfaction and the strengths and weaknesses of the 16 leading superannuation brands.
Roy Morgan Research has a uniquely large and detailed source of consumer wealth management data (including superannuation), compiled from more than 50,000 face-to-face interviews annually.
This report explores the issues relating to the overall performance of major retail fund manager brands: AMP, AXA, Commonwealth/Colonial, ING (including its ANZ joint venture), NAB/MLC, Mercer, St. George, Suncorp and Westpac/BT as well as industry funds, public sector funds and self managed super funds.