A new report has come out, naming and shaming the most overpriced and underperforming superannuation funds in Australia
This analysis looked at 600 of the largest superannuation funds in Australia, to find the best super funds, and the worst. The funds were assessed on how they performed, after fees, compared to other super options of similar risks over five years.
If you are 35 years old and earning the average Australian income of just on $80,000 per year and have your superannuation with one of these companies, you would be just on $200,000 worse off when you retire!
Australians with their superannuation in these funds, face an average of 2% in fees, when many of the better performing funds charge around 1%.
Collectively these worst performing funds, manage $7 billion in superannuation money, which ends up costing Australians just over $150 million per year in extra fees!
For a free copy of this report, contact your Property Mentor or enquiries@propertyclub.com.au and also get the bonus of our FIDO (Financial Independence Date Organiser) report done for you, to look at great property options that could supplement your retirement!
PS - also take advantage of the great three-year fixed home loan rates Club brokers have available, which themselves have dropped markedly over the past year!
Troy Gunasekera | National Manager
Understanding the broader economic trends impacting household spending can reveal potential opportunities for property investors. Recent insights from the CommBank Household Spending Insights (HSI) Index for April 2025 provide a few key takeaways that investors should consider as they plan their next moves. Lower...
The recent Australian Bureau of Statistics (ABS) media release highlighted a remarkable 124% growth in the national defence industry over the past five years, with South Australia emerging as a critical player. This surge is not just a boon for the state’s economy but also signals a unique opportunity for property...
For investors looking to maximise capital growth without the premium price tag, second-tier suburbs – those located just outside the most prestigious postcodes can offer an appealing alternative. These areas often benefit from the same lifestyle appeal and proximity to key amenities as their high-profile neighbours,...
Our mission is to help the average Australian learn the property market dynamics and discover the amazing opportunities that exist in real estate.