Hi DombatThe key to their fee is that it is capped, so if you...

  1. 66 Posts.
    Hi Dombat

    The key to their fee is that it is capped, so if you have a larger fund it drops well below 1%. And there are basically no extras. E-super and some other fixed fee providers look cheaper although I'm not sure about fees for extras, and their level of service seems lower too - which may work quite well for some. On my basic sleep at night criteria, I'm very happy with Dixons.

    Their advisory service is different. They encourage a full service model, which I don't want or need so I'm just an occasional user for specific change points. But they seem competent, if a little conservative for me in their investment recommendations. In my experience they are very straight in regard to fees and disclosure.

    Australian Super etc are a different approach. For larger funds their costs are higher than SMSF and there are limits eg you can't have more than 50% in direct shares. But if I get to my 80s and can't be bothered anymore, and are too rich to care, they are something I would look at.

    ubhopeful
 
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