Have you ever taken the time to understand your superannuation?
With the help of ING DIRECT, Rice Warner completed research earlier this year on superannuation fees and performance. Below are some interesting facts to get you thinking about whether your current superannuation product is working for you:
- Some super options charge no investment and admin fees
- Some Australians are paying around 2.33% in fees per year. For a super balance of $50,000 that’s up to $1,165 of your hard earned money lost to super fees every year
- Higher fees don’t necessarily translate into greater returns
Take Control with ING DIRECT Living Super
With ING DIRECT Living Super, your choice of investments could include the Balanced option, Cash and Term Deposits, Managed Investments, Direct Shares and Listed Securities and what’s more, you can choose and make changes to your investment options online.
Living Super offers:
- The first Balanced option available to all Australians with no admin or management fees
- No fees on Cash and Term Deposits held with ING DIRECT
- Real-time share trading online. Invest in S&P/ASX 200 shares and a range of Exchange Traded Funds and Listed Investment Companies.
With ING DIRECT, rolling over your superannuation is simple, even if you have multiple super accounts with the online rollover tool. Register your interest by clicking on the link below and an ING DIRECT Super Specialist will contact you.
The Super Specialist will be able to assist you with:
- Product Features
- Opening a Living Super account over the phone
- Any rollover requests you need to complete; and
- Setting up online banking
Simply click here to register.
you have any questions or would like to discuss further, please do not hesitate to contact Lending Specialist on (03) 8805 1800 or email firstname.lastname@example.org
Living Super rates can be viewed at ingdirect.com.au. The Trust Company (Superannuation) Limited ABN 49 006 421 638, AFSL 235153, RSE L0000635 is the Trustee of the ING DIRECT Superannuation Fund ABN 13 355 603 448 (Fund) and the issuer of interests in the Fund. ING DIRECT Living Super is a product issued out of the Fund. ING DIRECT, a division of ING Bank (Australia) Limited ABN 24 000 893 292, AFSL 229823, is the Promoter of the Fund. Any advice provided does not take into account your objectives, financial situation or needs and you should consider whether it is appropriate for you. You should consider the Product Disclosure Statement and Financial Services Guide available at ingdirect.com.au when deciding whether to acquire, or to continue to hold, the product. The source for the statement ‘The first Balanced option available to all Australians with no admin or management fees’ is SuperRatings Fee Research April 2012. This research included information about the default options of 372 currently available and closed superannuation funds. The accuracy of the information relied on by SuperRatings was the responsibility of the trustees of the relevant superannuation funds. Buy/Sell spreads and other incidental transaction costs apply to all managed investment options, including the Balanced fund. Buy/Sell spreads and other transaction costs are retained within the managed investment and are not fees paid to ING DIRECT or the Trustee. The Trustee may replace one or more of the underlying investment managers which may affect the fee structure for the investment options. The Trustee may vary the fees for ING DIRECT Living Super without your consent by giving 30 days’ notice. Living Super is not available to US Persons.