my thoughts IMO that is far too high a cash weighting considering how low interest rates are, so any money in cash is effectively going backwards compared with CPI or inflation. those fees are huge and I can't see why with a little homework and enthusiasm one can't set up one's own portfolio and save $3900 plus $1640 annually. I have never used an advisor. Netwealth Super accelerator does not require an advisor, neither does Perpetual Wealthfocus Super. personally my Super portfolio at present holds roughly 10% fixed interest ( 80% is domestic ) 10% unlisted commercial property trusts 10% alternatives ( long short funds / private equity / macro hedge funds ) 5% infrastructure 35% Australian share funds ( both active & index ) & LICs 30% international share funds ( both active & index ) & LICs but I also hold direct shares, LICs, cash, & property outside of Super as you never know what governments will do with Super.....
