Super funds weather market volatility amid global tensions

Australian superannuation funds have experienced significant market volatility, with the ASX posting its worst performance since 2022 and approximately $140 billion wiped from the market. Andrew Fisher from Australian Retirement Trust advises that superannuation is a long-term investment, noting that despite a 3-4% weekly decline, markets have returned 10% annually over the past decade. Members approaching or in retirement are encouraged to review their investment strategies, consider their timeline for accessing funds, and seek professional advice rather than making reactive decisions during market downturns.See omnystudio.com/listener for privacy information.