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  • Add You - Superannuation Fees and How They Affect Your Returns

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    Superannuation is an Australian government-regulated investment vehicle designed to provide retirement benefits to Australian citizens and residents in the form of compulsory contributions made during their working career.

    Changes introduced in July of 2005 allowed Australians to select a superannuation fund of their choice based on their preferred investment strategies and their confidence in the fund to provide the levels of returns expected from their investments

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    irement benefits to Australian citizens and residents in the form of compulsory contributions made during their working career.

    Changes introduced in July of 2005 allowed Australians to select a superannuation fund of their choice based on their preferred investment strategies and their confidence in the fund to provide the levels of returns expected from their investment

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    made during their working career.

    Changes introduced in July of 2005 allowed Australians to select a superannuation fund of their choice based on their preferred investment strategies and their confidence in the fund to provide the levels of returns expected from their investment

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    select a superannuation fund of their choice based on their preferred investment strategies and their confidence in the fund to provide the levels of returns expected from their investment
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    nd their confidence in the fund to provide the levels of returns expected from their investments.

    A significant factor to consider during the choice of funds is the number and amount of fees charged for the maintenance of each account as part of the fund.

    Higher fees do not in any way correlate to higher returns. For some funds, higher fees are introduced for additional flexibility, investment options and services. Many retail funds will also charge higher fees

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