Fees are important, but they are not the only thing driving superannuation’s investment returns.
Super fund fees are in the government’s sights, and funds are beginning to take notice.
Life insurance premiums inside superannuation are on the rise due to legislation making insurance opt-in for young members, inactive accounts and low balance accounts.
The cost of Income Protection insurance has increased sharply, but some super funds are bucking the trend.
A new report concludes that managing your own superannuation fund could cost less than you think.
Buy/sell spread fees are something we’re all likely to see a lot more of thanks to ASIC’s new disclosure rules for annual fund member statements. So just what are these mysterious charges and how do they work?
Nobody likes paying fees, particularly when you can’t see what you’re paying for. So when it comes to your super fund, it’s worth learning a bit more about the fees you’re paying and why.
Wouldn’t it be great if you could see the real impact of fees on your super account? With this in mind, we have created the SuperGuide Super Fees and Return Calculator that enables you to project a future super balance based on your current super balance, salary, age and desired retirement age.
An easy way to determine if you believe your super fund is good value, is to assess the cost of your super fund against the average costs for the different types of super funds available.
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.