Survey Report
Market Forces superannuation survey: 2016
Publisher
Global warming
Superannuation
Fossil fuels
Corporate social responsibility
Investments
Superannuation
Governance of superannuation funds
Australia
Description
This was an online survey. The survey was in the field from Monday 15th August to Friday 19th August 2016. The survey fieldwork was conducted by the Online Research Unit (ORU). Data tables were prepared by Essential Research. The target population for this research was Australian adults aged 18+. The survey was completed by 1017 respondents.
- A majority of Australians (59%) had their super fund chosen for them by their employer.
- Over half of Australians would at least consider using another super fund (56%). 28% stated that their current fund is the only fund they would ever consider using.
- Just under one third (32%) of Australians would be prepared to move their superannuation to another fund if it was found to be investing in coal or coal seam gas extraction.
- 64% of Australians agree that their superannuation fund should be proactively reducing its exposure to fossil fuel investments. However, just 25% of Australians believe that members should be placed in ethical investment options by default. Most (51%) think that members should have to choose this option.
- 46% of the population admitted they have ‘very little idea’ about how their superannuation fund invests their money.
- Overall, 86% of the Australian population agree that, as members of a superannuation fund, they should have the right to know where their superannuation is invested.
- Although 10% of the Australian population claim to be contacted about investments that present ethical concerns at least a few times per year, the largest proportion (50%) stated that they can’t recall having been asked about issues like this.
Publication Details
Copyright:
Market Forces, Friends of the Earth Australia 2016
Access Rights Type:
open
Post date:
15 Nov 2016
