1. Help Center
  2. Financial Planning Guides

Which type of Superfund is right for me?

It can be overwhelming when considering choosing a super fund. You generally have the option of choosing your own or you can elect to have your SG paid into your employers fund.

You need to weigh up:

  • Performance – how well the fund has performed over the past 5 years
  • Fees- administration investment fees, switching fees, buy/sell spread, entry fees, exit fees and advice fees. You will also have to check how often they are charged and if they are on a sliding scale.
  • Insurance: what cover is available and how much does it cost.
  • Investment options: What options are available and what information about where they invest is available.
  • Services: Check what other services the fund might provide.

There are a few free comparison resources available online such as

All of these have some information for free. Some of them also offer more detailed information for a fee.

Comparison websites can be useful, but they are businesses and may make money through promoted links. They may not cover all your options. Its best not to choose a super fund based on its website rating alone as it may not be appropriate for you.