“Seriously, is a DIY worth the effort when these guys give you all the flexibility without the administrative hassles"
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Performance
To be honest (and you wouldn’t expect anything less from us), this product is not for the faint hearted. It is definitely NOT designed for those who want to sit in a balanced option. (Don’t be fooled by the SR road sign for this product. It is based on the default option – and we wouldn’t imagine many members will be in that).
Over 260 individual investment options to choose from. Plus access to all the ASX shares. Tread carefully with this unless you know about asset allocation and building a portfolio. Or alternatively, go through your adviser.
Running costs
On face value it looks relatively expensive but you are paying for enormous flexibility and choice and cutting edge superannuation functionality. If you don’t use an adviser fees can be up to 30% cheaper.
Build Quality
Given half a chance, Jason would bang on about it all day everyday. It is clearly his favourite. We get the message.
The site is robust. We’ve kicked it a number of times and it ain’t broke yet. Daily market wrap sent to email everyday... Even on Saturday!! For both local and global markets.
The insurance choice is excellent, not amongst the cheapest but still competitive.
Anything we’d like to change? The ASX Investment view is old school. Where are the current share prices?? It would be nice to get them without leaving the website.
Handling
Complicated yet good. It won’t faze anyone with reasonable investing knowledge. For the less experienced, it would be like getting out of your Corolla and into an F-16 fighter jet.
This is a fully-featured top of the range model with sat nav, sunroof, fog lights, seat warmers etc etc ... you get the picture. All the options.
Member comfort
For those in the know members, comfort is exceptional. For a beginner, it is like a downhill toboggan. Without brakes.
The fund presumes sophistication amongst its members. It doesn’t speak down to you like most super funds.
Practicality
The closest you can get to an SMSF without owning one. Flexible choice and options keep an SMSF-wannabe comfy. In fact, anyone who wants an SMSF without unlisted investments like property and exotics will love this fund. It is also a great option for those wanting to get out of an SMSF.
The pension wrap is great for retired people still wanting control over their investment.
Cool Factor
Contemporary and cool. The brochures are cool. Even the logo is good. Only the web interface is a little weird.
Perhaps the most modern of super funds.