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Did you know ...
You can view the details of 17 Industry Super Funds on this website
How do I choose?
Choosing the right super fund
Choosing the right fund could make tens of thousands, even hundreds of thousands of dollars difference to the money you will have when you retire, and therefore the lifestyle you may be able to lead. It’s a crucial decision and needs careful thought.
Questions to ask include:
- What fees does the fund charge for administration and management of your super? Even a 1% difference can significantly impact your final retirement payout
- Does the fund pay ongoing commissions to financial planners?
- Does the fund charge exit and entry fees – as these will affect your final retirement payout
- Does the fund provide adequate insurance cover?
- Does the fund have a long–term record of strong investment performance?
- Does the fund offer a range of investment choices?
You should compare the effect of different fees on your superannuation. See ASIC’s consumer website Fido. You need to know the fees of the super funds you are comparing before you can use the calculators provided.
Note that Industry Super Funds shown on this website pay NO commissions to advisors, financial planners, agents or insurance companies. They are run only to profit members. Find 17 Industry Super Funds that could make a lifetime of difference to your future.
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