Which industry super fund is best?

Which industry super fund is best?

With a history of strong long-term performance, Cbus is the leading Industry Super Fund for the building, construction and allied industries.

Which is the best performing industry super fund in Australia?

AustralianSuper is our top pick for industry super funds. It’s Australia’s largest industry super fund, with more than 2.2 million members. Its default investment option, AustralianSuper Balanced, is consistently one of the top performing growth super funds year after year.

What is an industry based superannuation fund?

An industry superannuation fund is an Australian superannuation fund originally established to provide for the retirement of workers from a specific industry, but no longer industry-specific. They are not-for-profit, mutual funds which are membership-based and do not have shareholders.

What is the best super fund for teachers?

Catholic Super – the $9.6 billion industry fund growing retirement savings for many teachers and hospital workers – has topped a league table, returning a high 10.49 per cent over seven years for members up to 50 years old with a balance of $100,000-250,000.

Is Catholic Super a good fund?

We’re a top-rated industry super fund with a proven history of investment performance. All our profits go back to our members, which means more money for your retirement.

How much money are there in super funds in Australia?

According to the Association of Superannuation Funds of Australia (ASFA), there were $2.3 trillion in assets under management as of June 2017. This represents a significant 10% increase in total assets compared with 12 months prior.

How does super fund lookup work for employers?

Super Fund Lookup is the ATO’s external register of Self-Managed Super Funds’ (SMSF) current compliance statuses. Employers can utilise this service to determine whether employer contributions qualify as superannuation guarantee payments.

Is there a perpetual pooled Super Fund Trust?

Perpetual Pooled Super Trust is a flexible and practical investment solution for trustees of complying super funds.

What are the benefits of a superannuation fund?

Asset protection can be a key consideration for many people, especially business owners and superannuation can be a structure that protects the members from litigation and bankruptcy. In either of these events, your superannuation benefits are likely to be protected from creditors.

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