{"id":597606,"date":"2026-04-10T09:39:10","date_gmt":"2026-04-10T09:39:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/597606\/"},"modified":"2026-04-10T09:39:10","modified_gmt":"2026-04-10T09:39:10","slug":"superannuation-balances-drop-as-iran-war-market-shock-hits-retirement-savings-volatility","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/597606\/","title":{"rendered":"Superannuation balances drop as Iran war market shock hits retirement savings: \u2018Volatility\u2019"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/04\/36899fc0-3490-11f1-b95f-fca3ff82a220.png\" alt=\"Australian share market board and Australian cash.\" loading=\"eager\" height=\"517\" width=\"960\" class=\"yf-lglytj  loaded\"\/> Market volatility is flowing through to Aussie&#8217;s super balances, but members are being warned against &#8216;knee-jerk&#8217; moves. (Source: Getty)      <\/p>\n<p class=\"yf-1fy9kyt\"><a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/au.finance.yahoo.com\/news\/superannuation-balance-needed-by-each-age-to-achieve-comfortable-retirement-significant-difference-050255139.html\" data-ylk=\"slk:Superannuation funds;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Superannuation funds&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">Superannuation funds<\/a> have suffered their worst monthly losses in more than three years as the Iran war triggers <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/au.finance.yahoo.com\/news\/superannuation-warning-over-cash-decision-that-could-cost-workers-50000-makes-them-feel-good-003518352.html\" data-ylk=\"slk:volatility in financial markets;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;volatility in financial markets&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">volatility in financial markets<\/a>. It\u2019s sparked a surge in Aussies switching their investments to cash, but experts are warning it <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/au.finance.yahoo.com\/news\/warning-for-aussie-retirees-over-superannuation-move-in-volatile-market-years-to-recover-004319904.html\" data-ylk=\"slk:can be a dangerous move;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;3&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;can be a dangerous move&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">can be a dangerous move<\/a>.<\/p>\n<p class=\"yf-1fy9kyt\">Fresh data from SuperRatings estimates the median balanced option dropped by 3.2 per cent in March, <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/au.finance.yahoo.com\/news\/top-10-superannuation-funds-in-australia-revealed-as-members-see-305000-long-term-retirement-boost-212911615.html\" data-ylk=\"slk:wiping out gains;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;4&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;wiping out gains&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">wiping out gains<\/a> accumulated since September 2025. The median growth option is estimated to have fallen by 4.1 per cent, while the capital stable option also recorded an estimated loss of 1.8 per cent over the period.<\/p>\n<p class=\"yf-1fy9kyt\"><a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-09\/australian-pensions-suffer-worst-month-since-2022-on-iran-war\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Separate data from Chant West;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;5&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Separate data from Chant West&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link \">Separate data from Chant West<\/a> also found that a broad sample of investment options posted an average loss of 3.2 per cent in March, which marked the worst return since September 2022.<\/p>\n<p class=\"yf-1fy9kyt\">RELATED<\/p>\n<p class=\"yf-1fy9kyt\">SuperRatings director Kirby Rappell said the pathway for funds to outperform the long-term average this financial year was narrowing, as returns confront <a data-i13n=\"cpos:10;pos:1\" href=\"https:\/\/au.finance.yahoo.com\/news\/superannuation-warning-as-aussies-risk-58000-retirement-mistake-in-jittery-markets-not-a-good-idea-033447660.html\" data-ylk=\"slk:elevated levels of uncertainty;cpos:10;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;10&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;elevated levels of uncertainty&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">elevated levels of uncertainty<\/a> across global and domestic markets.<\/p>\n<p class=\"yf-1fy9kyt\">\u201cMarkets are responding quickly to a rapidly evolving situation. This means we are likely in a period of greater volatility,\u201d he said.<\/p>\n<p class=\"yf-1fy9kyt\">\u201cWhile this will flow through to balances, it should be remembered that [a] member\u2019s super is usually invested across a range of asset classes (not just shares) and that over the long term, super returns remain sound.\u201d<\/p>\n<p class=\"yf-1fy9kyt\">For the financial year to date, the return for the average balanced option has eased to 2.8 per cent. Annually, the return is 7.8 per cent.<\/p>\n<p class=\"yf-1fy9kyt\">Over five years, the median return is 6.6 per cent, and over 10 years it is 7.4 per cent.<\/p>\n<p class=\"yf-1fy9kyt\">Ongoing volatility has prompted some <a data-i13n=\"cpos:11;pos:1\" href=\"https:\/\/au.finance.yahoo.com\/news\/superannuation-warning-as-aussies-risk-58000-retirement-mistake-in-jittery-markets-not-a-good-idea-033447660.html\" data-ylk=\"slk:Aussies to switch their investment strategies;cpos:11;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;11&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Aussies to switch their investment strategies&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">Aussies to switch their investment strategies<\/a> to more defensive options.<\/p>\n<p class=\"yf-1fy9kyt\">AustralianSuper has seen members switching their super into cash at <a data-i13n=\"cpos:12;pos:1\" href=\"https:\/\/au.finance.yahoo.com\/news\/super-move-could-cost-aussies-033932953.html\" data-ylk=\"slk:around four times the usual rate;cpos:12;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;12&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;around four times the usual rate&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">around four times the usual rate<\/a> over the past month, with 500 members a day switching to cash.<\/p>\n<p class=\"yf-1fy9kyt\">HESTA has also noticed an increase in switching activity, prompting the super fund to urge members to \u201cstay the course\u201d with their investment strategy amid market volatility.<\/p>\n<p class=\"yf-1fy9kyt\">\u201cWhile it\u2019s important to stay informed, knee-jerk reactions to short-term market movements can crystallise losses and risk missing out on a market bounce back,&#8221; HESTA CEO Debby Blakey said.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;This could potentially cost tens of thousands of dollars at retirement.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">The super fund found that a member who moved $100,000 from a balanced option to a cash option during COVID in 2020 would be more than $20,000 worse off just five years later. That assumes they took one year to switch back.<\/p>\n","protected":false},"excerpt":{"rendered":"Market volatility is flowing through to Aussie&#8217;s super balances, but members are being warned against &#8216;knee-jerk&#8217; moves. (Source:&hellip;\n","protected":false},"author":2,"featured_media":597607,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,288508,186,5927,30011,184,185,52880,223934],"class_list":{"0":"post-597606","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-cash-option","12":"tag-finance","13":"tag-financial-markets","14":"tag-market-volatility","15":"tag-personal-finance","16":"tag-personalfinance","17":"tag-superannuation-funds","18":"tag-superratings"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/597606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=597606"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/597606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/597607"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=597606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=597606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=597606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}