Hi just started a proper job here and I need to get a super fund.
The company is pushing me towards one they must get a kickback from, but i thought there might be better and worse ones?
Are there any to avoid and can anyone recommend one?
Thanks, Tom
I don't think they'd be getting a kickback. All employers need to have a superfund to red fault to if you don't have your own.. Usually it's an industry superfund , so you pay lower fees than normal.
I have about seven of them. They all seem pretty good
One fund is easier for bookkeeper to manage. No conspiracy theory needed.
Beersy - I had about 17 at one point... down to 2 now, major PITA to collect it all. 
I know what you mean. I've got all the forms, but I just look t the pile and think, future Brett can handle that- it's his money!
Ah Beersy....
Future Brett will be cursing you now if you don't get this sorted out. You're giving away stacks of cash to bankers by not sorting this out.
The problem is not just that you're paying seven lots of fees, but the fact that your super should be increasing by way of compounding.
The tiniest reduction in the amount of money you're putting in today (i.e. that extra six lots of fees you're paying) WILL have a significant effect on your total super.
If time travel gets sorted out any time soon you can expect a visit from a very angry Future Brett asking why you've effectively given $10000's to some banker because you couldn't be arsed with some paperwork.
Do yourself a massive favour - sort it out this week and get it over with. Good luck!
Beware the big commercial funds. The fees can be massive. My industry super fund gets good returns, and the admin fee and life insurance is very cheap. You do get to choose.
Funny thing I got my CBUS statement today. Actually posted a profit this year, fees are low so industry funds seem to be okay at the moment,
W
