Business Services Industry
Likely super switchers decide to stay put.
Australasian Business Intelligence, October, 2005
Oct 31, 2005 (Money Management - ABIX via COMTEX) -- Many Australians have no plans to change their superannuation funds. The September
Super Switch Index, released by Mercer Human Resource Consulting, shows that 47 per cent of survey respondents wanted to stay with their current superannuation fund for another
two years. In June 2005, just before Australians were given fund choice, 34 per cent said they planned to stay with their current provider. The number of those who expressed strong intentions to switch funds had fallen from 16 per cent in June 2005 to 12 per cent in third quarter of 2005.
Publication Date: 27 October 2005
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