If you’re an employer, you’d know that like all Australians, your employees want to be financially secure in retirement.
Choosing the right super fund can make all the difference. You want a fund that puts members first with lower administration and investment fees and costs, solid long-term investment returns and flexible insurance options. You want award-winning customer service, great online tools and quality financial advice that’s easy to access.
When comparing super funds, it’s useful to think about what’s important to you and your employees, and what will make a difference to your employee’s retirement in the long run.
Here’s what to consider when you’re comparing super funds:
Compare performance results
It’s important to compare how your super fund performs against the median over the long-term, particularly over periods of market volatility.
While lower fees and costs are generally good, consider what employees are actually getting for their money. And, don’t forget to look at the sum total of fees; including administration fees, investment fees and indirect costs.
Compare employer support
Are you getting the great customer service, online tools, education resources and support that you and your employees need?
Compare employee plans
Can your current provider offer the ability to tailor your employee plans specific to your employee base?
The insurance market has shifted in recent years and the best competitive premiums need to be considered along with the level of default cover amounts offered with employee plans.
Compare financial stability
Is your current fund financially stable with a low and transparent cost structure and a strong membership base?
How does Sunsuper compare?
Sunsuper’s investment returns have beaten the industry average over 3, 5, 7 and 10 years1 and our 1.3 million members belong to a fund that’s 100% dedicated to them.
With no shareholders to pay, our only focus is to deliver strong, long-term investment returns and offer great service and tools to help our members get on top of their super, so they can live their best retirement dreams.
To find out more, visit sunsuper.com.au/choose
Not currently with Sunsuper?
If you’re not already with Sunsuper and you want to start making a real difference to you and your employee’s retirement today – it’s easy to join.
Prefer to speak to a member of our team? Call our Contact Centre on 13 11 84 between 8.00am to 6.30pm (AEST) Monday to Friday.
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1. Source: SuperRatings Fund Crediting Rate Survey October 2020. Past performance is not a reliable indication of future performance. Member numbers as at November 2020.
This article has been prepared and issued by Sunsuper Pty Ltd, (ABN 88 010 720 840, AFSL No. 228975) the trustee and issuer of the Sunsuper Superannuation Fund (ABN 98 503 137 921, USI 98 503 137 921 001). It contains general advice and does not take into account the investment objectives, financial situation or needs of any particular individual. You should consider if the advice is appropriate to your own circumstances before acting on it. Outcomes are not guaranteed. Sunsuper employees provide advice as representatives of Sunsuper Financial Services Pty Ltd (ABN 50 087 154 818 AFSL No. 227867) which is wholly owned by the Sunsuper Superannuation Fund. Visit sunsuper.com.au or call 13 11 84 for a copy of the PDS.