The Australian Financial Review --- Page: 59 : 10 September 2007 Original article by Sally Patten
LexisNexis Summary
Around 10 per cent of Australian superannuation fund members have taken advantage of the choice of fund regime, according to Investmentlink. Choice of fund was introduced in mid-2005, and Investmentlink data show that Australian Super has been selected by 14.3 per cent of super fund members when choosing a fund. Meanwhile, some 5.9 per cent of consumers chose to switch to REST Super, Australia's largest fund in terms of members. SuperRatings' figures show that Australian Super was one of the top-five funds in terms of returns for the year to 31 July 2007, with a return of 18.3 per cent.
