Member switching between funds and investment options remains low, according to two superannuation funds.
"Despite what's been happening in the markets we have experienced only minimum switching, which is quite surprising. Members have been very calm to date," Qantas Superannuation chief executive Janet Torney said.
The Australian Meat Industry Superannuation Fund (AMIST) also experienced minimum levels of member switching.
Speaking at Terrapinn's Asset Allocation Summit this week, the chiefs of the two superannuation funds, however, warned it was important members remained focused on the long term.
"We have only had a little bit of switching into cash, but the figures are not dramatic. However, it is important that people don't look at the performance of the past three years and apply it to the next 10 years of fund performance," AMIST chief executive John Livanas said.
Performance league tables currently proposed by Superannuation Minister Nick Sherry also did nothing to encourage long-term investing, Torney said.
Such measures only compared the performance of funds, leading to "peer risk", and would not necessarily benefit members, she said.
"Peer risk is a business issue and not an investment issue. The challenge for all of us is to communicate to members in a language they understand so our members continue to buy the long-term story," she said.
