Superannuation

[jay_wr8]

Hey guys and girls,

Long story short my boss recently got dobbed in for not paying super,
So, my accountant sent me a letter saying i need to pick a super company,

Who do you guys recommend?

Cheers

[minux]

I self manage, but if your income isn't that large or you do not add extra payments it will cost you more than you put in, in some cases. I think anything else is a rip, I do not like companies being able to gamble with my money.

Go speak to a financial planner/advisor. Best advice anyone can give you

[jules]

pick an industry super fund. the retail funds will bleed you with fees.

also, it's a good idea to keep an eye on your super contribution and balance, rather than just trust someone is paying it for you.

[HamaTime™]

Go speak to a financial planner/advisor. Best advice anyone can give you

Couldn't agree more. Best investment you will make....

[minux]

pick an industry super fund. the retail funds will bleed you with fees.

also, it's a good idea to keep an eye on your super contribution and balance, rather than just trust someone is paying it for you.

Wasn't it industry super funds who were gutted during the GFC?

Sounds like sound advice...

[jules]

Wasn't it industry super funds who were gutted during the GFC?

any fund which invested in equity would have been gutted during the GFC, i don't recall it being specific to industry funds.

[Brendon82]

Whoever said speak to a financial planner is the winner.

[jay_wr8]

thanx guys, il have a chat to a financial advisor