How good is your super fund?

April 23rd, 2021 by igniite

How good is your super fund?

Its that time of year again where I start to obsess about Superannuation.

How is my fund going?
What is my balance?
What is the balance of my young adult child?
My daughter has a tiny superannuation balance, so does it even matter?
Can I pay additional super to myself to tax minimize in my small business?
Can I afford the cashflow to do this?

You may be surprised to know that, watching the fees and performance of a superannuation fund, is incredibly important, when dealing with a small balance. If not monitored, sooner or later, the balance will whittle away to nothing.

This is a useful tool I found, whilst trawling the internet. This tool helps you to weigh up and compare, up to three, super funds at one time. Its called Applecheck and its free to access from the Australian super link below. Drop the link into a browser and scroll to the bottom of the page to start the comparison. Enjoy.

https://www.australiansuper.com/compare-us