Australian super fees vs hostplus

You can set a percentages of Australian Shares, International Shares, Property, Fixed Interest and Cash. If you look at their website the shares options have lower management fees ( and ) when compared to the High Growth option () you mentioned. Which is the best super fund? Hostplus , like most super funds, charges a variety of fees to its members in return for managing their superannuation savings. The report is normally available to the public for $(including GST) but it’s available at no extra cost to you if you run the Super AppleCheck report through our website.

The comparison uses data from Chant West’s research and covers investments, fees , insurance and member services. How much does an australianuper cost? You are reviewing your super , always a good first step.

Many comparison websites out there. If you are a set and forget type person then pick something with low fees and good average performance. I was with AustralianSuper and quite happy with low fees , performance, no cost investment switching etc. As an industry super fund , Hostplus administration fees are a low $1. Like all super funds , investment costs do apply.

But we do strive to ensure our investment costs are competitive. For every $50you have invested in the Balanced investment option, you’ll be charged $300. And you will be charged $1in administration fees regardless of your balance, plus $per year. Plus administration fees. Unisuper is close behind having won five times, Hostplus have won four times, and AustralianSuper have won three times, and REST and QSuper have both won twice.

It’s notable that all funds are Industry funds, except for Telstra Super which is a Corporate fund and QSuper which is a Public Sector fund (although now available to the general public). Superannuation comparison: compare retail and industry super funds based on annual fees and past performance returns to find the right super fund and retire with more. In the recent Productivity Commission (PC) review of superannuation, the high fees paid by too many super members became a principal focus for the report. A key issue identified by the PC was that “balances are eroded by fees and insurance”, and the PC also claimed that fees were “the biggest drain on net returns”.

A higher return is better than saving 0. Hostplus ’ Index Balanced super option appears very attractive on first impressions. It is an excellent option for people that have lower super balances. However, if you are in your 40’s and 50’s then your goal must be to minimise fees whilst at the same time maximising returns. Administration Fee : 0. Investment Fee : 0. When i compare Hostplus , it seems as though they are more expensive.

I may be calculating it wrong through. Family Law fee Under family law, your spouse, a person considering entering into a superannuation agreement with you, or their authorised representative, can request information about your account. Hostplus charges a $fee for supplying this requested information, which is paid by the person making the application at the time the request is made. There are two fees in super one is a direct fee usually called an admin fee or member fee. For of funds this is $1.

This covers the basic administration of the fund. The second fee comes out of the return and is called an investment fee. This is usually a fee and is the largest fee (outside of insurance). Learn how you can start planning for your retirement.

RateCity compares superannuation products from 1Australian Superannuation funds. Compare the best super fund rates, fees , performance and more. Behind them, there was a lot of movement over the year as funds including AustralianSuper increased fees or dropped out of the top entirely, while others such as NGS and ClearView lowered their fees and moved up the low-fee rankings.

The fees for the super funds listed below is based on a $50balance. It’s worth clarifying: this is based on a manual asset allocation rather than the pre-mixed indexed product they offer. Performance figures shown reflect net investment performance, i. Compare super funds side-by-side using the Super AppleCheck comparison tool.

It’s free to use and provided by independent superannuation research firm Chant West. You can compare us with other funds on an ‘apples-to-apples’ basis that covers investments, fees , insurance and member services.