Superannuation Discussion + market volatility

[VPS]

Yes, that will do it.

But if you were still doing Concessional/Non-Concessional contributions (if able), you'd need a non-Gov super account for those anyway. So maybe not a bad idea to have a low/no fee Super account?

A bit of investigation to do - didn't realise that there were no fee Super accounts.

To be honest I think I'm done but I will keep the door open for another one if it's worth it (that last one certainly was)

 

[SYD]

A bit of investigation to do - didn't realise that there were no fee Super accounts.

Sorry, there probably aren't "No fee" accounts. But some lower than others.

https://www.canstar.com.au/superannuation/super-funds-low-balances/?gclsrc=aw.ds&si=&gad_source=1&gad_campaignid=990981042&gclid=EAIaIQobChMIh77z75GHjwMV4swWBR1tDA1KEAAYASAAEgIokfD_BwE

To be honest I think I'm done but I will keep the door open for another one if it's worth it (that last one certainly was)

But presumably you can't "top up" your Gov super directly? So if you were considering further SGL, salary sacrifice, other concessional/non-concessional top-ups - you need somewhere to put them.

 

[VPS]

Sorry, there probably aren't "No fee" accounts. But some lower than others.

https://www.canstar.com.au/superannuation/super-funds-low-balances/?gclsrc=aw.ds&si=&gad_source=1&gad_campaignid=990981042&gclid=EAIaIQobChMIh77z75GHjwMV4swWBR1tDA1KEAAYASAAEgIokfD_BwE

But presumably you can't "top up" your Gov super directly? So if you were considering further SGL, salary sacrifice, other concessional/non-concessional top-ups - you need somewhere to put them.

I can add to my government super but employers can't

 

[serfty]

Sorry, there probably aren't "No fee" accounts. But some lower than others.
https://www.canstar.com.au/superann...MIh77z75GHjwMV4swWBR1tDA1KEAAYASAAEgIokfD_BwE

Canstar does not mention REST.

REST's Balanced Indexed Option has zero investment and transaction fees, but standard administration and other costs still apply.

These are $1.50 per week and 0.1% of balance per year (latter capped at $600). For a $50k balance these amount to under $130pa ($78+$50).

Current 1 year return to July 31st is 11.69%.

Balanced - Indexed Investment Option | Rest Super

Achieve the investment objective through an indexed based investment in a mixture of growth and defensive assets.

rest.com.au