House of Assembly: Tuesday, November 17, 2015

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In reply to Mr MARSHALL (Dunstan—Leader of the Opposition) (22 July 2015). (Estimates Committee A)

The Hon. J.R. RAU (Enfield—Deputy Premier, Attorney-General, Minister for Justice Reform, Minister for Planning, Minister for Housing and Urban Development, Minister for Industrial Relations, Minister for Child Protection Reform): I have been provided the following advice:

Chant West is a consultancy firm which conducts research on most of the leading superannuation and pension funds, and asset consultants in Australia.

On a quarterly basis Chant West runs a quarterly investment performance survey for superannuation funds across a range of risk profiles. The most relevant survey for RTWSA's risk profile is for Balanced Funds (41-60% growth assets), which has over 35 funds participating.

Super SA's Moderate option also participates in this survey and is the Funds SA investment option which is closest to RTWSA's investment portfolio in terms of strategic asset allocation.

The figures below are from the Chant West survey as at 30 June 2015.

Funds 1 Year 3 years pa 5 years pa
Median return of survey 7.8% 9.9% 8.1%
Super SA Moderate 8.2% 10.8% 9.3%
ReturnToWorkSA 8.6% 11.4% 9.9%