Choosing a super fund

Most Australians have the right to choose a super fund, rather than rely on the choice made by their employer. Choosing a super fund is an important decision. You can learn more about assessing your current fund, how to compare super funds, and what to do if you want to change super funds.

Fund choice is different from investment choice, which means a person has a say over where a fund invests his super money.

Set out below are all SuperGuide articles explaining Choosing a super fund.

Super fees: Top 10 cheapest funds in Australia

Pixmac000081240937-money-640x430__1352841050_58.175.48.125

Note: This article contains the latest available fee information as at September 2014. In this article you can find the cheapest super funds and the cheapest pension funds. We update this article periodically with fee data issued by SelectingSuper rating company. Latest update was September 2014, … [Read more...]

SMSF trustees: Is your fund ready for SuperStream?

filing_1052529_c

If your SMSF receives super contributions from an employer, or employers, on behalf of SMSF members, then you need to ensure that your self-managed super fund is SuperStream-ready. Since 1 July 2014, employers with 20 or more employees must use the SuperStream standard, and all super funds, … [Read more...]

Super for beginners, part 11: Is my super fund good enough?

Pixmac000083912415_evaluate_report

Q: I have my super with a major financial organisation. I’m wondering, are they a good company to be dealing with? I feel that their fees are a bit high: based on an investment amount of $300,000 the MER amount is $6,600 (2.2%) plus a monthly admin fee of $8.50. What are your thoughts on this … [Read more...]

Investment performance: We’re the best super fund. No, we’re the best…

Pixmac000083356615_race_best

Note: Every few months or so, we update this article with the latest performance data on superannuation funds (and pension funds) issued by SuperRatings, SelectingSuper, ChantWest and the Australian Prudential Regulation Authority (APRA). This article contains the latest data for investment … [Read more...]

MySuper: 118 super funds now available

lowfees_4918023_c

Note: This article provides a complete list of official, authorised MySuper products. This list will be updated regularly if any additional MySuper products are authorised by the Australian Prudential Regulation Authority (APRA). This article last updated on 8 July 2014. Since 1 July 2013, super … [Read more...]

Super for beginners, part 2: My first job

316034879_3c0827261d_b_firstjob

Question: I am 16 years of age. I still go to school but I have just started my first part-time job. Do I get any superannuation? And if I do, where does it go? Answer: Congratulations on your first job. You ask two questions about your super entitlements: Am I eligible for Superannuation … [Read more...]

SMSF basics: Can I run two super funds? (2 questions)

Pixmac000081245147_run2funds

1. Running two DIY super funds Q: My wife is 58 and retired and she has her own self-managed super fund, where she has rolled over her super funds from various employers. She plans to start her SMSF pension soon. After starting her pension, could she also start another SMSF fund? A person can … [Read more...]

One-way traffic! Moving super from NZ to Australia not happening

newzealand

We have good news, and we also have some bad news, for New Zealanders who have settled permanently in Australia, and who want to transfer KiwiSaver accounts to Australian super funds. We also have very good news about the prospects of taking your Australian super with you, for those Australians who … [Read more...]

APRA league tables: Top 25 performing super funds over 10 years, and 5 years

Rewarding

Each year, the superannuation regulator releases the latest performance data on the largest 200 superannuation funds in Australia. In January 2014, the Australian Prudential Regulation Authority (APRA) published its fourth annual report into the investment performance of Australia’s super funds … [Read more...]

SMSFs outperform large funds 4 years out of 6

smsfs-vs-large-funds.003

Note: The ATO publishes an annual report about SMSFs for each financial year. This article covers the latest SMSF performance data available from the ATO, as at January 2014. The ATO will provide updated performance data (for year ending 30 June 2013) in early 2015. A common argument put forward … [Read more...]