The annual round-up of fund performance across the superannuation sector will alarm the government because of what appears to be a growing gap between the performance of industry super funds and retail super funds.

A review of fund performance by Chant West shows strong returns for the whole sector in 2017, which is good news for every Australian with a super fund. Its top ten major performers list was dominated by industry super funds, which are run by nominees of employer groups and trade unions.