esuperfund - is it good? or is it a dud?, page-2

  1. 13,068 Posts.
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    DavidBoy81

    Only recently set up my account with them, but seems to be OK so far - usually get response to questions within 24 hours. And they appear to know their stuff on tax etc. Obviously they do not provide financial advice on what to invest in, but can advise on tax implications and legal implications of contributions, pensions etc

    At $599 a year with free set up for all admin, accounting and audit costs, it is a very good deal. You have to use an ANZ bank account and Comsec as they have links to their systems to keep the costs low.

    If you have $1m in super - a retail fund at 2% could cost you $20,000 a year, and as often as not they perform below the index........ Esuperfund will cost you $599 a year. You can also get a better tax outcome by reducing the turnover of your holdings compared to a retail fund where they are often buying and selling - probably not relevant if you going to actively trade though.

    And you can always leave if you don't like the service, but at least you will have your SMSF up and running.
 
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