Maritime Super Rockets Into Top Ten

Published: 11 Jan 2013

The Maritime Super has rocketed into the Top Ten list of "the best performers" based on rankings published by the Australian Prudential Regulation Authority.

Image - MaritimeSuperLogo.png

The rankings, published in the Sydney Morning Herald, placed the Maritime Super in eighth place.

A key point:

The chief executive of the Australian Institute of Superannuation Trustees, Fiona Reynolds, said the gap between the retail funds and non-profits was ''nothing to be sneezed at''.

''Over a 30 to 40-year working life of superannuation contributions, an outperformance of 1 or 2 per cent every year can make a very big difference to an individual's retirement outcome,'' said Ms Reynolds, who represents the not-for-profit sector.

The Maritime Super certainly isn't anything to sneeze at, racking up a 6.9 percent annualised return over nine years.



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Authorised by P Crumlin, Maritime Union of Australia, Sydney