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For 30 years, it’s all been about accumulation. But the Retirement Income Covenant has changed the game, and super funds are now having to give their members retirement solutions. Some are doing it better than others.
Switching to a sustainable pension fund is one of the most effective ways to reduce a person’s carbon footprint, with no performance tradeoff required. As the need for climate solutions grows more urgent, the momentum for environmentally friendly investment options in Australia’s $3.5 trillion super sector is gathering pace.
This week Stockspot released its yearly 2020 Fat Cat Funds Report. The report was put together to expose the best and worst-performing superannuation funds throughout the year, in a bid to drive lower fees, improve performance and bring about change. Stockspot compared 600 multi-asset investment options offered by Australia’s largest 100 super funds to find…