Superannuation is your retirement savings and can affect the quality of life you have after you stop working. That's why getting your hard earned money into the best super fund that you can is one of the biggest financial decisions you ever make.
Unfortunately, many funds make comparing superannuation difficult. They make it hard to know how much you pay in fees AND they often hide their investment strategy.
It only takes two minutes to check the health of your superannuation fund, and by comparing your super, you could save over $200,000.
The Fat Cat Funds Report does all the work for you by:
For the sixth year in a row, AMP is in the top three Fat Cat funds, this year topping the list at number one.
Our report will show you exactly which of their superannuation funds have performed the worst.
If your super is in one of these AMP Funds we urge you to compare your superannuation options.
Many young Aussies paying 1.5% per year or more in super fees could pay over $226,261 in excess fees in their lifetime.
Fees are also an important consideration for those approaching retirement. As you reach retirement, your portfolio generally becomes more conservative. Fees take an even larger slice of your returns in a moderate or conservative super fund.
While you can't control the performance of your superannuation, you can control the superannuation fees that you pay.
Download the Fat Cat Funds Report and find out what impact high fees could have on your super balance.
Most people aren't aware of exactly how their superannuation money is being invested. But this is crucial to understand, because how it's invested directly impacts how that money grows.
People of different ages need a different investment strategy. The Fat Cat Funds Report will show you how to work out the right mix of different investments for your age, and why you should be wary of super funds that have large investments in unlisted property and infrastructure as part of their defensive mix.
We've been comparing super funds since 2013. If you want to find out how your super fund has performed over the years, take a look at our previous Fat Cat Fund Reports.