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#1 2016-05-09 06:10:00

SpacePete
Silver Stacker
Registered: 2014-03-01
Posts: 13,437
Trades :   122 
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Can anyone recommend a low-fee personal super fund?

Thinking of switching from Colonial First State.  Any recommendations?

Thanks!


Catus amat piscem, sed non vult tingere plantas

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#2 2016-05-09 06:34:58

atlas
Member
From: Brisbane
Registered: 2014-03-09
Posts: 170
Trades :   18 

Re: Can anyone recommend a low-fee personal super fund?

I did the research a few years ago and moved from BT (Westpac) into Sunsuper. Fees were much lower.

Try taking a look at the ratings websites like Canstar. Usually they provide comparisons.

Last edited by atlas (2016-05-09 06:35:19)

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#3 2016-05-09 06:45:15

Ipv6Ready
Silver Stacker
From: North Sydney
Registered: 2016-01-08
Posts: 2,218
Trades :   39 

Re: Can anyone recommend a low-fee personal super fund?

Low fees are good. BUT it's not everything. Check out historical returns etc etc.

A higher fee fund with 2.5% fee giving you 10% return is better.....
A lower fee fund with 0.5% fee giving you 5% return is shite in comparison.


WTB 4 to 6 grams of pure gold. Don't care if it is coin, bar or granules. Near spot, suits anyone who has been tempted to open a certicard or just have some granules to make a ring

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#4 2016-05-09 07:25:34

Naphthalene Man
Silver Stacker
From: Hunter Valley, NSW
Registered: 2010-02-25
Posts: 5,370
Trades :   101 

Re: Can anyone recommend a low-fee personal super fund?

try first state super, i think that they are pretty low fees


''Up ahead they's a thousand' lives we might live, but when it comes, it'll only be one''
- Ma in John Steinbeck's The Grapes of Wrath.

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#5 2016-05-09 07:28:05

errol43
Silver Stacker
From: Bundaberg
Registered: 2010-04-13
Posts: 6,325
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Re: Can anyone recommend a low-fee personal super fund?

When you check the returns P.A. check the losses in 2007 to 2009. See which ones performed best when the markets went into the red.

Regards Errol 43

Last edited by errol43 (2016-05-09 07:28:41)

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#6 2016-05-09 07:45:46

House
Moderator/ Legend
From: Stack City
Registered: 2012-04-30
Posts: 9,637
Trades :   232 

Re: Can anyone recommend a low-fee personal super fund?

Ipv6Ready wrote:

Low fees are good. BUT it's not everything. Check out historical returns etc etc.

A higher fee fund with 2.5% fee giving you 10% return is better.....
A lower fee fund with 0.5% fee giving you 5% return is shite in comparison.

+1 for that. There was $70k difference between the best and worst performing Super over the last decade on $100k so saving a few hundred on fees might not be worth it. I always hear good things about Care and Rest.

Surprised you don't have an SMSF.


WBI- 41.16

"There's no point in paying a mortgage on an asset that is going to fall by 40 per cent or so in the next few years". Steve Keen, 2008.
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#7 2016-05-09 08:05:21

Lunardragon
Silver Stacker
From: Land of Nineth Dragon
Registered: 2011-10-19
Posts: 3,928
Trades :   248 

Re: Can anyone recommend a low-fee personal super fund?

Australian Super (industry fund) no good, Pete?
Been with them for years, they doing well.


An Opportunity comes only once. Grab it while you can!

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#8 2016-05-09 08:18:13

BuggedOut
Member
From: New South Wales
Registered: 2015-07-21
Posts: 1,777
Trades :   37 

Re: Can anyone recommend a low-fee personal super fund?

I changed from First State to ING Living Super a month or so back.

Wasn't so much about fees but the ability to choose my own direct investments.  Still not as good as a SMSF but it's only 1 step away.

One thing to watch out for is the life insurance. If you have it you can't transfer it and a new policy will potentially sting you or put you on a waiting list.

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#9 2016-05-09 08:45:00

atlas
Member
From: Brisbane
Registered: 2014-03-09
Posts: 170
Trades :   18 

Re: Can anyone recommend a low-fee personal super fund?

That's a good point about having some selection. Sunsuper (as I'm sure a lot of the larger funds do) provide a large range of managed funds/ETFs within their portfolio and allow you to allocate yourself. I started out doing this but then re-allocated to a life-cycle fund which automatically changes your risk profile and allocation as you get older.

As for returns, you unless you are a sophisticated investor (and even if you are one), for super you would probably want to go with the index fund strategy of taking a tiny slice of the whole market and take the average market return (with much lower fees). Almost no actively managed fund (with much higher fees) can beat over a long period of time.

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#10 2016-05-09 08:49:07

silverreef
Silver Stacker
From: sydney
Registered: 2014-11-17
Posts: 1,040
Trades :   185 

Re: Can anyone recommend a low-fee personal super fund?

Would recommend first state or hesta


WTB    : 1oz PM S2 lunar dragon gold
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