HOW TO CHOOSE THE BEST SUPER

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• performance
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• Sorted by Rating Sorted by Performance Sorted by Fees on $50k

overview performance fees

AustralianSuper - Westscheme RateCity and News Corp may receive remuneration for referrals to these links and/or as a consequence of a consumer acquiring a product after following these links. Ad	5 year annualised performance Annualised figures are the average per year returns based on the cumulative returns to 30/06/2014. Past performance is not a reliable indicator of future performance. 10.20%	Calculated Fees on 50k Calculated fees are an estimate of the fees on $50,000 invested in the balanced option – where balance option is not available the most comparable option is used. This takes into account administration, investment, performance, any member fees levied, account size rebates and fee tiering that may apply. $363	Rating These ratings are awarded by SuperRatings (AFSL 311880). For more information read the ratings methodology here. Platinum	Go to site More info
Fees & Charges Not all Fees & Charges may be shown. A buy/sell spread may apply when buying, selling or switching units. Refer to the Fund's PDS which is available from the Fund's website for more detailed information. Asset Admin Fee 0% Investment Fee The costs to manage your investments are paid from investment earnings before they are added to your account. These include fees such as investment management, master custodian services or asset consulting fees. Management fees paid to investment managers may also include performance fees when their investment returns exceed agreed benchmarks. These benchmarks vary for each manager and there is no guarantee that a manager will earn a performance fee in any given year. 0.57% Switching Fee $0 Withdrawal Fee $35 Account Size Discount No Employer Size Discount No Fund Features Financial Planning Service Yes Health Insurance Yes Home Loans Yes Credit Cards Yes Binding Nominations Yes Non-lapsing Binding Nominations No Insurance Life Event Increases Yes Anti-detriment Payments Yes Long Term Income Protection No More Info
AustralianSuper RateCity and News Corp may receive remuneration for referrals to these links and/or as a consequence of a consumer acquiring a product after following these links. Ad	5 year annualised performance Annualised figures are the average per year returns based on the cumulative returns to 30/06/2014. Past performance is not a reliable indicator of future performance. 10.20%	Calculated Fees on 50k Calculated fees are an estimate of the fees on $50,000 invested in the balanced option – where balance option is not available the most comparable option is used. This takes into account administration, investment, performance, any member fees levied, account size rebates and fee tiering that may apply. $363	Rating These ratings are awarded by SuperRatings (AFSL 311880). For more information read the ratings methodology here. Platinum	Go to site More info
Fees & Charges Not all Fees & Charges may be shown. A buy/sell spread may apply when buying, selling or switching units. Refer to the Fund's PDS which is available from the Fund's website for more detailed information. Asset Admin Fee 0% Investment Fee The costs to manage your investments are paid from investment earnings before they are added to your account. These include fees such as investment management, master custodian services or asset consulting fees. Management fees paid to investment managers may also include performance fees when their investment returns exceed agreed benchmarks. These benchmarks vary for each manager and there is no guarantee that a manager will earn a performance fee in any given year. 0.57% Switching Fee $0 Withdrawal Fee $35 Account Size Discount No Employer Size Discount No Fund Features Financial Planning Service Yes Health Insurance Yes Home Loans Yes Credit Cards Yes Binding Nominations Yes Non-lapsing Binding Nominations No Insurance Life Event Increases Yes Anti-detriment Payments Yes Long Term Income Protection No More Info
AustralianSuper Personal Plan RateCity and News Corp may receive remuneration for referrals to these links and/or as a consequence of a consumer acquiring a product after following these links. Ad	5 year annualised performance Annualised figures are the average per year returns based on the cumulative returns to 30/06/2014. Past performance is not a reliable indicator of future performance. 10.20%	Calculated Fees on 50k Calculated fees are an estimate of the fees on $50,000 invested in the balanced option – where balance option is not available the most comparable option is used. This takes into account administration, investment, performance, any member fees levied, account size rebates and fee tiering that may apply. $363	Rating These ratings are awarded by SuperRatings (AFSL 311880). For more information read the ratings methodology here. Platinum	Go to site More info
Fees & Charges Not all Fees & Charges may be shown. A buy/sell spread may apply when buying, selling or switching units. Refer to the Fund's PDS which is available from the Fund's website for more detailed information. Asset Admin Fee 0% Investment Fee The costs to manage your investments are paid from investment earnings before they are added to your account. These include fees such as investment management, master custodian services or asset consulting fees. Management fees paid to investment managers may also include performance fees when their investment returns exceed agreed benchmarks. These benchmarks vary for each manager and there is no guarantee that a manager will earn a performance fee in any given year. 0.57% Switching Fee $0 Withdrawal Fee $35 Account Size Discount No Employer Size Discount No Fund Features Financial Planning Service Yes Health Insurance Yes Home Loans Yes Credit Cards Yes Binding Nominations Yes Non-lapsing Binding Nominations No Insurance Life Event Increases Yes Anti-detriment Payments Yes Long Term Income Protection No More Info
ING DIRECT Living Super RateCity and News Corp may receive remuneration for referrals to these links and/or as a consequence of a consumer acquiring a product after following these links. Ad	5 year annualised performance Annualised figures are the average per year returns based on the cumulative returns to 30/06/2014. Past performance is not a reliable indicator of future performance. New Fund	Calculated Fees on 50k Calculated fees are an estimate of the fees on $50,000 invested in the balanced option – where balance option is not available the most comparable option is used. This takes into account administration, investment, performance, any member fees levied, account size rebates and fee tiering that may apply. $375	Rating These ratings are awarded by SuperRatings (AFSL 311880). For more information read the ratings methodology here. Platinum	Go to site More info
Fees & Charges Not all Fees & Charges may be shown. A buy/sell spread may apply when buying, selling or switching units. Refer to the Fund's PDS which is available from the Fund's website for more detailed information. Asset Admin Fee 0.5% Investment Fee The costs to manage your investments are paid from investment earnings before they are added to your account. These include fees such as investment management, master custodian services or asset consulting fees. Management fees paid to investment managers may also include performance fees when their investment returns exceed agreed benchmarks. These benchmarks vary for each manager and there is no guarantee that a manager will earn a performance fee in any given year. 0.25% Switching Fee $0 Withdrawal Fee $0 Account Size Discount Yes Employer Size Discount No Fund Features Financial Planning Service Yes Health Insurance No Home Loans Yes Credit Cards No Binding Nominations Yes Non-lapsing Binding Nominations Yes Insurance Life Event Increases Yes Anti-detriment Payments Yes Long Term Income Protection Yes More Info
AMP Flexible Super - Core - Super Easy Balanced RateCity and News Corp may receive remuneration for referrals to these links and/or as a consequence of a consumer acquiring a product after following these links. Ad	5 year annualised performance Annualised figures are the average per year returns based on the cumulative returns to 30/06/2014. Past performance is not a reliable indicator of future performance. 9.19%	Calculated Fees on 50k Calculated fees are an estimate of the fees on $50,000 invested in the balanced option – where balance option is not available the most comparable option is used. This takes into account administration, investment, performance, any member fees levied, account size rebates and fee tiering that may apply. $431	Rating These ratings are awarded by SuperRatings (AFSL 311880). For more information read the ratings methodology here. Gold	Go to site More info
Fees & Charges Not all Fees & Charges may be shown. A buy/sell spread may apply when buying, selling or switching units. Refer to the Fund's PDS which is available from the Fund's website for more detailed information. Asset Admin Fee 0.54% Investment Fee The costs to manage your investments are paid from investment earnings before they are added to your account. These include fees such as investment management, master custodian services or asset consulting fees. Management fees paid to investment managers may also include performance fees when their investment returns exceed agreed benchmarks. These benchmarks vary for each manager and there is no guarantee that a manager will earn a performance fee in any given year. 0.15% Switching Fee $0 Withdrawal Fee $0 Account Size Discount No Employer Size Discount No Fund Features Financial Planning Service Yes Health Insurance Yes Home Loans Yes Credit Cards No Binding Nominations Yes Non-lapsing Binding Nominations Yes Insurance Life Event Increases Yes Anti-detriment Payments Yes Long Term Income Protection Yes More Info
AMP Flexible Super - Select - Super Easy Balanced RateCity and News Corp may receive remuneration for referrals to these links and/or as a consequence of a consumer acquiring a product after following these links. Ad	5 year annualised performance Annualised figures are the average per year returns based on the cumulative returns to 30/06/2014. Past performance is not a reliable indicator of future performance. 9.19%	Calculated Fees on 50k Calculated fees are an estimate of the fees on $50,000 invested in the balanced option – where balance option is not available the most comparable option is used. This takes into account administration, investment, performance, any member fees levied, account size rebates and fee tiering that may apply. $460	Rating These ratings are awarded by SuperRatings (AFSL 311880). For more information read the ratings methodology here. Gold	Go to site More info
Fees & Charges Not all Fees & Charges may be shown. A buy/sell spread may apply when buying, selling or switching units. Refer to the Fund's PDS which is available from the Fund's website for more detailed information. Asset Admin Fee 0.54% Investment Fee The costs to manage your investments are paid from investment earnings before they are added to your account. These include fees such as investment management, master custodian services or asset consulting fees. Management fees paid to investment managers may also include performance fees when their investment returns exceed agreed benchmarks. These benchmarks vary for each manager and there is no guarantee that a manager will earn a performance fee in any given year. 0.15% Switching Fee $0 Withdrawal Fee $0 Account Size Discount No Employer Size Discount No Fund Features Financial Planning Service Yes Health Insurance Yes Home Loans Yes Credit Cards No Binding Nominations Yes Non-lapsing Binding Nominations Yes Insurance Life Event Increases Yes Anti-detriment Payments Yes Long Term Income Protection Yes More Info
AMP Flexible Super - Choice - Super Easy Balanced RateCity and News Corp may receive remuneration for referrals to these links and/or as a consequence of a consumer acquiring a product after following these links. Ad	5 year annualised performance Annualised figures are the average per year returns based on the cumulative returns to 30/06/2014. Past performance is not a reliable indicator of future performance. 9.19%	Calculated Fees on 50k Calculated fees are an estimate of the fees on $50,000 invested in the balanced option – where balance option is not available the most comparable option is used. This takes into account administration, investment, performance, any member fees levied, account size rebates and fee tiering that may apply. $490	Rating These ratings are awarded by SuperRatings (AFSL 311880). For more information read the ratings methodology here. Gold	Go to site More info
Fees & Charges Not all Fees & Charges may be shown. A buy/sell spread may apply when buying, selling or switching units. Refer to the Fund's PDS which is available from the Fund's website for more detailed information. Asset Admin Fee 0.54% Investment Fee The costs to manage your investments are paid from investment earnings before they are added to your account. These include fees such as investment management, master custodian services or asset consulting fees. Management fees paid to investment managers may also include performance fees when their investment returns exceed agreed benchmarks. These benchmarks vary for each manager and there is no guarantee that a manager will earn a performance fee in any given year. 0.15% Switching Fee $0 Withdrawal Fee $0 Account Size Discount Yes Employer Size Discount Yes Fund Features Financial Planning Service Yes Health Insurance Yes Home Loans Yes Credit Cards No Binding Nominations Yes Non-lapsing Binding Nominations Yes Insurance Life Event Increases Yes Anti-detriment Payments Yes Long Term Income Protection Yes More Info

It’s important to choose a super fund with a broad enough range of investment options to satisfy your investment strategy and risk appetite.

When reviewing a fund’s investment performance, look for a history of consistent performance or out-performance relative to its peers over the long-term.

But remember, past performance is no indication of future returns. A fund that shot the lights out this year isn’t guaranteed to do so again next year.

The MoneySaverHQ comparison tool enables you to sort funds by performance and rating as well as fees.

Many super funds automatically provide new members with some combination of death, disablement and income protection insurance when joining, known as default cover.

While this cover is generic, it can be much cheaper than accessing the same insurance outside of super, as the fund receives a group discount.

It’s usually very simple to access too, without the strict underwriting requirements of standalone cover.

It’s important to review the cover offered by your fund to work out whether it’s suitable for your personal situation.

In most cases it’s possible to increase (or reduce) the level of insurance cover you have within super to suit your needs.

Check out related guides on life insurance, income protection insurance, TPD cover and trauma cover

Many super funds offer a variety of benefits in addition to looking after your retirement savings, such as member rewards programs.

Depending on your situation, you may find them useful, but pay attention to fees, investments and insurance decisions first and foremost.

Compare funds by rating, performance and fees here

If you don’t choose a fund, your employer is required to pay your super into a ‘MySuper’ account.

These are simple funds with low fees and standard features which will look after your money until you make a decision.

Consolidating your accounts

Super is compulsory, which means that if you don’t nominate a super fund when you start out with an employer, they’re required to open one for you.

This means many people end up with multiple super funds.

But multiple funds means multiple sets of fees eating away at your money. In most cases, once you’ve found a fund that suits your needs, it makes sense to combine your accounts into the main one.

The easiest way to consolidate your accounts is to use the tools available through the ATO. The first step is to jump online and visit the ATO’s SuperSeeker website.

This will allow you to conduct a quick search on all lost super accounts held in your name. Just remember to have your tax file number handy.

Alternatively, you can sign up for a MyGov account and link it to the ATO.

This will give you a full view of your super, including all your active accounts as well as any lost accounts. From here you can organise to transfer balances between funds or consolidate your super funds together.

Alternatively, you can call the ATO and either use their 24 hour self-help phone service or ask for someone to run through the process with you.