The cost of super complacency
Since super is a long-term investment, when comparing super returns it is important to look at the fund’s performance over the long term (5, 10 years or more), as well as to take into account fund charges and other costs. It is also important to remember that past performance is not necessarily an indicator of future performance.
It is also worth doing your research on the fund’s investment strategy and the options offered so that you can understand the asset classes you might invest in, how your super might be allocated among the asset classes, and the fund’s approach to take environmental, social and governance issues into account in its investment decisions.
âThe superannuation is the longer term investment most of us will ever have, so it’s important to know who your super is with and that you’ve weighed which investment options are right for you,â said Mrs. Fuchs.
âOnline comparison tools can help, or you can contact your super fund.
âAs a for-profit fund for members, Sunsuper is committed to creating portfolios that deliver long-term benefits to our members and has outperformed the industry average in the one, three, five, seven, 10, 15 and 20 years old.
âWe also offer our members a range of digital tools and calculators, our secure online account portal, a mobile app and access to seminars, educational webcasts and expert financial advice on their account at no cost. additional. “