Are you choosing the right managed super funds?
Tuesday June 24, 2008
If you're changing jobs or a first time employee, it may be time to consider your choice of managed super funds. While going with the default managed super funds offered by your employer, you may end up with a managed super fund that costs you more in fees, lower returns and inadequate life insurance.
The challenge is to find the right managed super funds for your needs. Everyone wants a secure future for themselves and their families.
Some of the default managed super funds are quite good, but it does pay to research all the managed super funds in Australia to find the one that you are satisfied with.
Look for managed super funds that have:
- Low fees.
- A good performance track record.
- Good service backup.
- Managed super funds should provide good websites that offer all the information you're after when researching.
- Features and services that you'd like to have.
- Life insurance if you do not already have it.
For more information on managed super funds, please browse our How a Super Fund Works page and our Types of Super Funds page.
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