Posted on 2 February '15 by , under General News.
Findings of a study conducted by research firm SuperResearch reveal that in 2014 investment in international shares provided superannuation accounts with impressive returns.
Superannuation funds reported an average 7.5% return in 2014, with international shares providing a significant contribution. The falling Australian dollar, which tumbled almost 8% against the USD last year, has also benefited super balances.
By contrast, the SuperResearch report found that investments in Australian shares had yielded modest returns, averaging just 1.4%.