Finding a fund that is the right match for you might take some work but it can mean that you’re in good hands for the future.Can I choose my own superannuation fund?
Most Australians are able to select their own super fund; however some industries and employer arrangements – and members of defined benefit funds – do not have the ability to choose their own fund.
Speak with your employer or the ATO to determine if you are able to choose your own fund.
How to compare different funds
Here are some of the most important things to look at when you are comparing funds:
The lower the fees and costs, the more money stays in your account and is able
to grow your retirement savings.
A large selection of investments with different levels of risk and return will help your fund adapt to your changing needs as you grow older.
If you need to contact a fund, understanding how their member services operate can be very useful.