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Small differences in fees and costs can have a substantial impact on your long-term returns, and they can vary greatly from fund to fund. For example, annual fees of 2% of your account balance compared to 1% could make a 20% difference to your balance in retirement, for example, reduce it from $100,000 to $80,000.
That's why doing your research, comparing superannuation funds and considering a fund with not only lower fees, but strong performance (keeping in mind that past performance is not a reliable indicator of future performance), investment choice and outstanding customer service is also important.
See how we stack up
With low admin fees, great value and strong performance2, it's no surprise Sunsuper was named SuperRatings’ 2020 Fund of the Year for offering the best-value end-to-end product for our members.
Use the Chant West Super AppleCheck comparison tool to see how we compare with other super funds.
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2 The Balanced option for Super-savings accounts, which has identical investments to the Balanced Pool in the Lifecycle Strategy, has outperformed the industry average over 1, 3, 5, 7 and 10 years. (Source: SuperRatings Fund Crediting Rate Survey June 2019). Warning: Past performance is not a reliable indication of future performance.