About this Report
Roy Morgan's Superannuation 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 sixteenth 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 December 2014.
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.
This report features rankings of the top 20 superannuation fund managers as well as topical issues such as potential financial planner bias, perception of independence and advice along with satisfaction of financial performance have also been dealt with in considerable detail. This edition includes a special investigation of attitudes to managing finance and investments.
Benefits of this Report
With this report you will gain an immediate understanding through the consumer lens of the Australian superannuation and wealth management market in important areas such as measures of product switching and the reasons for switching, products sold through financial planners, contributions to superannuation, channels used to obtain, satisfaction and the strengths and weaknesses of the 20 leading superannuation brands.
This edition includes a special investigation of attitudes to managing finance and investments, providing insights into the areas retirement planning, financial security, confidence in managing finances and investing in the share market.
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, ANZ/OnePath, CBA/Colonial, NAB/MLC, Westpac/BT, Mercer and Suncorp as well as industry funds: AustralianSuper, LUCRF Super, MTAA Super, CBUS, Sunsuper, Unisuper, Health Super, REST Super, CARE Super, TWU Super, Catholic Super, HESTA and HOSTPLUS along with public sector funds and self-managed super funds.