The Super Fund Co. Blog

Independent research provider SuperRatings released the findings of their 12^th annual Australian superannuation review last week, reviewing over 600 products against their ‘value for money’ criteria. Two key findings stood out to us:

1. They believe the focus on fees is too great. “The level of focus on the level of superannuation fees continues to be apparent, with a concerning lower focus on overall investment outcomes for fund members. While competitive fees and charges are important, the quality of fee disclosure across the industry is extremely varied. In SuperRatings’ view, whilst fees are important, a race to the bottom in terms of fees is unlikely to deliver better outcomes for superannuation fund members.”
2. The best way to rate a superannuation product is by looking at the ‘net benefit’ to members. “SuperRatings continues to believe that ‘Net Benefit to Members’, which is the level of investment earnings less fees and taxes, remains the most appropriate measure of member outcomes. This methodology can also allow for a meaningful comparison between active and passive structures, recognising whether a provider has added excess value to their members’ accounts after fees and taxes.”

We couldn’t agree more! The Super Fund Co. believes that whilst low fees are important, they’re only half the story – the overall return that you get is the more important factor. This is why we talk about our fees and returns in the same breath – they need to be considered together.

We ensure that we maximise net benefits to our members by offering personalised advice via experienced investment advisers, including annual reviews of your account.

If you’re ready to learn more about how The Super Fund Co. can maximise your super, contact us today for an obligation-free chat.