plus they pickup extra from Comsec trades and probably something off ANZ for the V2 accounts. I's called commission and it keeps the business world turning and is why they are relatively 'cheap' (which they are).
i'm in no way saying there is anything wrong with how they operat, not at all and there have been plenty of positive experiences about them. Just be aware that they are not a charity.
they do however seem a good choice if you don't want to be too complex, trading too often or want to be too choosy about which provider you use.
One question though is how much liability they take to ensure the fund is fully compliant i.e. pension minutes etc etc?? Not sure if anyone here has had the ATO or an external auditor check over their returns, or not??
