APRA has released a ‘heatmap’ of MySuper superannuation funds designed to smoke out underperformers. We look at why it’s come about, and what insights it presents.
Set out below are all SuperGuide articles that relate to Comparing super funds.
Self-managed super funds are still growing both in number and in assets. Yet, despite the popularity, the average trustee of an SMSF has only a vague understanding of the difference between those funds and public offer funds, which include retail funds and industry funds. Here, Noel Whittaker clarifies the differences.
While the big funds absorb recent legislation, some noteworthy innovation is coming from entrepreneurial outsiders hungry for a slice of that $2.9 trillion pie. We look at some of the leading innovations over the past year and what they tell us about where super is headed.
Industry super funds continue to hold their edge over retail funds for member satisfaction, with Cbus rating highest.
Increasingly super funds offer support through education, advice, apps and rewards – find out if your fund stacks up in terms of what it does for you.
A significantly large proportion of industry funds and some retail funds offer member direct options that enable members to choose stocks from the ASX along with ETFs, LICs and trusts and term deposits.
By the time you retire chances are that superannuation will be your biggest store of wealth outside the family home. Yet we tend to spend more time researching the best mobile phone plan or our next holiday than we do on our super.
When it comes to choosing a superannuation fund, it’s natural to think that big is better, but does being big really make a super fund better?
As a member of a defined benefit super fund, how much you receive on retirement will depend on factors such as length of employment and your final salary.
A common argument put forward against individuals starting a self-managed super fund is that budding SMSF trustees could lose their hard-earned super savings through inexperienced investing, and bad investment decisions.
We find it hard to read forms and to understand risk, so we stick with what we know.
A key recommendation in the new Productivity Commission report, the idea of employees being given a ‘best in show’ list for the top 10 performing super funds has been met with a hostile response from the super industry.