How is the Middle East war affecting Australian superannuation funds?
ABC News, 20 March 2026
Director Kirby Rappell said times like these were when people started to worry about whether they should all be in cash.
“I think that we always find when we see this sort of discussion around a lot of market volatility, people being tempted to switch into cash,” he said. “I think you can call your super fund and have a chat and sort of understand or get some insights from them or even some advice. Typically, moving to cash is easy. Figuring out when to move back is hard.”
Mr Rappell concedes doing nothing in the middle of a financial storm is tricky, but agrees it can end up being the best approach for some people in certain circumstances.
“It can be really hard for people to understand, if I do nothing, I actually might be doing more,” he said.
“‘And if I’d switched it, say, at the bottom of the GFC into cash and stayed there, my super would have been worth at least double staying in a balanced fund over staying in cash.'”
