Which Australian Super has lowest fees?
10 cheapest pension funds (balanced investment option)
| Rank | Fund name | Fees |
|---|---|---|
| 1 | REST | $378 |
| 2 | Hostplus | $384 |
| 3 | Media Super | $540 |
| 4 | NGS Super | $540 |
Is Mercer a good super fund?
The Mercer Super Trust is one of the largest corporate super platforms in Australia and provides members with a flexible range of competitive benefits. The Mercer Select Growth option outperformed the SuperRatings Index over all assessed time periods to 30 June 2020.
Is hostplus or AustralianSuper better?
AustralianSuper Balanced has better long-term returns and lower fees than Hostplus Balanced, but Hostplus offers more low-fee index investment options to choose from. Hostplus is aligned to the hospitality, tourism, sport and recreation sectors. Both super funds are open to all Australians to join.
How do I choose a super fund in Australia?
What to look for in a super fund
- Performance. Compare your fund’s investment performance over at least five years.
- Low fees. All super funds charge fees.
- Insurance. Super funds typically have three types of insurance for members:
- Investment options.
- Services.
- What to do if your MySuper product is underperforming.
Is hostplus or Australian Super better?
Is ANZ super good?
ANZ Smart Choice Super’s growth, balanced and conservative options have all under performed the median. Fees are about average for My Super options. Morningstar have given it a 3 out of 5 star rating. Based on this evidence, it would be difficult to declare it a good super fund.
Is Qantas super good?
Founded in 1939, Qantas Super is a retail super fund focused on Qantas employees. Qantas Super’s Balanced investment option investment option has underperformed the industry median benchmark over 5 years and the fees are above the median for funds on Review My Super for a balanced/MySuper risk profile.
Is Hostplus only for hospitality?
Hostplus is the industry superannuation fund for those who live and love hospitality, tourism, recreation and sport.
Which is the largest super fund in Australia?
The Bronze award goes to Australia’s largest superannuation fund, Australian Super, who manage more than $160 billion for over two million members. Australian Super had four Fit Cat Funds and takes out this award for the second year in a row. What did the top three super funds have in common? Low fees!
Which is the best superannuation option for Australians?
The other main superannuation option taken by Australians are industry superannuation funds. While some are open, industry super funds are typically restricted to members of industries and work with lower cost models for members.
Which is the Best Retirement fund in Australia?
An increasingly popular option for Australians looking to optimise their retirement finances is self-managed superannuation funds. With a self-managed super fund, you’re in control of where your money goes, rather than having it invested on your behalf by a fund manager.
Which is the best super fund to invest in?
The Suncorp Brighter Super Multi-Manager Growth Fund is one of the top-performing growth funds. It invests your super in a pre-mixed, diversified range of asset classes with a focus towards growth assets including shares, property and infrastructure.