Hi everyone, Just a random beneficial to everyone question, Please provide suggestions below—-
Which Superannuation Body Provide The Best Returns?
d-hunterz on 04/04/2016 - 11:51
Comments
I totally agree, however you need to know the better investors of your funds available in market. I had a very good experience with a corporate plan with AMP however my current job status I have to change the plan so just wondering.
Self managed superannuation funds/schemes provide both the best and worst returns. No fees and 100% of your portfolio can be returned to you at its terminal value. However, much riskier than throwing your cash in with a big superannuation funds manager.
Higher the risk, higher the reward.
No fees?
My understanding is you have to pay some amount to self manage your account. Don't you?
Sorry, that's completely misleading. Operating expense ratio as per the ATO's Dec 2015 report on balances between $500,000 and $1,000,000 was 1.35%. So never mind me.
Remember kids, always do your research.
gee.. performance its not depends on which Superannuation Body or provider but depends on what fund managers do you choose to manager your super.
on the other hand, fees, yes each superannuation body/provider would be different, some more expensive than other.
Which horse should I put money on?
She's The Fastest
Your question is not very good.
It does not consider what you are hoping to achieve, your age/needs etc.
Given no info, I would suggest an industry fund (so low fee) with a life stages option.
In any case, to answer your exact question:
http://www.superratings.com.au/top-tens1 BUSSQ Premium Choice - Balanced Growth generated the best return over the past 3 years.
this is the "my kinda answer", cheers mate
This is excellent OP, thanks. After having a look, horrified that QSuper is not on any of the lists, should start hunting soon.
I usually recommend Australian Super . no fees, decent returns, reasonable value on bundled insurance.
No fees?
Past performance is not a reliable indicator of future performance.