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Super funds trusted: IFSA research


Tue Dec 12 2006

Weekly Tax Bulletin --- Page: 2017 : 1 December 2006
Original article by Terry Hayes

ABIX Summary
Superannuation funds are very highly trusted by Australian investors, according to a survey conducted by TNS. The survey, undertaken in October 2006 for the Investment & Financial Services Association and involving 1,000 investors, also found that the average investor thinks about his or her money for three hours a week, and that 94 per cent of investors who have dealings with a financial adviser are satisfied with their experience. Of those who use a financial planner, more than half pay their planner from their investment, while around a third pay a fee directly to the planner.


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