Top 10 Fees

Which funds have the lowest fees … you might be surprised.

The table below shows the lowest average fees payable of a $50,000 account balance for public offer funds.

Top Ten Lowest Fees as at 31 December 2015
FUND NAME Fees based on 50K Balance
ANZ Smart Choice Super $305
Bendigo SmartStart Super $313
Energy Industries Superannuation Scheme Super $335
Local Government Super $338
brightday Complete Super $345
AustralianSuper $363
Club Plus Superannuation $374
ING DIRECT Living Super $375
Sunsuper $378
AMIST Super $378
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INSURANCE – WHEN IS ENOUGH, ENOUGH?

May 2nd 2016

Insurance premium increases continue to be a feature of the superannuation landscape. Whilst there are a range of default sums insured and different premium rates across funds, it is evident that some commentators and superannuation funds alike are beginning to question the value of providing default insurance benefits through a superannuation fund or through non-superannuation policies at the request of the individual member.