Hi David, there are many lists, but I would take them all with a grain of salt. It is rare for a super fund to be best performing on a consistent basis, but much easier to be best performing in any one year or on a conveniently selected time period.
I like your content very much. I have a question, how do they group the funds among themselves when they make this evaluation? How can I access this information?
Please define under-performing mate. I define performance as growth over 1/3/5/10 years. I'm retired now and have rolled my super into an income stream fund. Be interested if the knobs at APRA are monitoring them and producing stats on their performance. Mine last year grew by 8.75%, but I have to withdraw 5% as a minimum at my age.
Try getting money out of CBUS they won’t recognise power of attorney had to pay for my partner’s health care 18 months later we moved to another fund who would I also moved mine out as well
Hi Chris, Do you have a video with the following scenario. Unable to work due to illness, TPD paid into super and Lump sum v's Income stream? Thanks Paul
Hi Paul, no net yet. There are a number of things to consider in relation to this comparison (age, tax components, objectives, other sources of income, etc.). I would strongly suggest obtaining personal financial advice.
Hi Chris, Thanks for posting all these videos. Great info. As shown in your list and as you mentioned the underperformance of a given Fund maybe limited to certain investment options in the fund whereas other options can be performing as expected or better. How do you find out which if the fund options are underperforming? Do you have a list for of these options? Cheers
All these comparisons and investment choices sound reasonable until the next inevitable market crash whose timing nobody can predict with any accuracy. Good luck all, YOU wear all the market risk and pay handsome fees to the funds to "manage" and sometimes lose your money for you. You will be contributing to the around $30 billion dollars annual cost of running the Super system in Australia. You need wonder no longer where the money comes from to pay for all those residential palaces, Ferraris and private jets and why you will retire poor.
my biggest annoyance with Australian super funds is none of them allow you to direct your money into MOAT shares during unstable times. You are forced into bonds, cash and low performing "safe" [sic] stocks. I have my own MOAT investment that I run on the side, and it is slaughtering my super funds "stable" investment returns right now.
Hi Richard, an SMSF provides a higher degree of investment flexibility. Read more here www.superguy.com.au/smsf/what-is-a-self-managed-super-fund/ or check out my SMSF videos.
Hi Chris, does anyone publish a list of the BEST performing super funds?
Thanks, David
Hi David, there are many lists, but I would take them all with a grain of salt. It is rare for a super fund to be best performing on a consistent basis, but much easier to be best performing in any one year or on a conveniently selected time period.
I like your content very much. I have a question, how do they group the funds among themselves when they make this evaluation? How can I access this information?
Please define under-performing mate. I define performance as growth over 1/3/5/10 years. I'm retired now and have rolled my super into an income stream fund. Be interested if the knobs at APRA are monitoring them and producing stats on their performance. Mine last year grew by 8.75%, but I have to withdraw 5% as a minimum at my age.
Enjoying the info.❤😊
Thanks for watching!
You are up there with the Barefoot investor. I love your videos.
I appreciate that! Thank you!
New to your channel, just wondering is the Plum ( think is under MLC) safe ? Thx
All Australian superannuation funds are regulated by APRA
I don't like these 12 month 'name and shame' lists, it discourages Super fund managers from long-term strategic investments.
Try getting money out of CBUS they won’t recognise power of attorney had to pay for my partner’s health care 18 months later we moved to another fund who would I also moved mine out as well
Ask them every year what % return you received, you will be surprised how poor some of them perform.
Hi Chris, Do you have a video with the following scenario. Unable to work due to illness, TPD paid into super and Lump sum v's Income stream? Thanks Paul
Hi Paul, no net yet. There are a number of things to consider in relation to this comparison (age, tax components, objectives, other sources of income, etc.). I would strongly suggest obtaining personal financial advice.
My little sub $80k SMSF in physical Silver was easily the worst, until about a month ago :)
Do they give out the top 10 super funds
Hi Chris,
Thanks for posting all these videos. Great info.
As shown in your list and as you mentioned the underperformance of a given Fund maybe limited to certain investment options in the fund whereas other options can be performing as expected or better. How do you find out which if the fund options are underperforming? Do you have a list for of these options?
Cheers
Did I miss something where’s the list
Yeah, sorry, the list was only up for a little bit. Check the 3:30 mark
Is AMP MyNorth a good super fund?
HESTA HOST REST😊
Can you please release good performing super funds?
Will do....I'll add it to the list!
All these comparisons and investment choices sound reasonable until the next inevitable market crash whose timing nobody can predict with any accuracy. Good luck all, YOU wear all the market risk and pay handsome fees to the funds to "manage" and sometimes lose your money for you. You will be contributing to the around $30 billion dollars annual cost of running the Super system in Australia. You need wonder no longer where the money comes from to pay for all those residential palaces, Ferraris and private jets and why you will retire poor.
You'll retire poor champ.
My super is screaming.
thanks god!! my super fund not on the list
lol
Kailey Flat
is mlc my super fund good?
Don’t go anywhere near mlc or you retire with nothing 👍
@@darrenwillis9918 really! I am with MLC and could see their performing reasonably well. correct me if wrong
my biggest annoyance with Australian super funds is none of them allow you to direct your money into MOAT shares during unstable times. You are forced into bonds, cash and low performing "safe" [sic] stocks. I have my own MOAT investment that I run on the side, and it is slaughtering my super funds "stable" investment returns right now.
Hi Richard, an SMSF provides a higher degree of investment flexibility. Read more here www.superguy.com.au/smsf/what-is-a-self-managed-super-fund/ or check out my SMSF videos.