Media Release

Thursday, 10 January 2019

Productivity Commission gets it right on profit-to-member outperformance but misses mark on dealing with underperforming funds

The Australian Institute of Superannuation Trustees (AIST) has today welcomed the Productivity Commission finding hard evidence - for the third time in a year - that the best performing super funds are in the profit-to-member sector. Today’s report from the Productivity Commission, which includes an additional year of data, found that on average, for the 11 years to 2018, profit to member funds outperformed retail funds by around 2 per cent per year.