SMH

Superannuation fund returns fell 13.3 per cent in the 2008-09 financial year, the biggest drop since the introduction of compulsory super in 1992, according to estimates from research firm Chant West. The slumping returns in median growth funds follows a loss of 6.9 per cent in 2007-08 and marks two consecutive years of losses as the global financial crisis continued to wallop the retirement savings of Australians. Read more here