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QSuper’s dismal return its greatest success
Michael RoddanNational correspondentOn July 5, while other superannuation funds were eagerly spruiking record annual returns for the 2021 financial year, the $113 billion QSuper pronounced it was ranked #1 by a survey of 20,000 savers for “satisfaction with the financial performance” of their fund.
“QSuper CEO Michael Pennisi said member satisfaction was a true measure of a fund’s success.”
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Michael Roddan is a Walkley Award-winning national correspondent based in Sydney. He is a former business and economics reporter for The Australian. Connect with Michael on Twitter. Email Michael at m.roddan@afr.com
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