Superannuation Thread (1 Viewer)

[LaZy_KoReAn]

Please share some advice / perspective into superannuation.

Which super fund do you guy's hold your money with? What's their return on your money and any extra advantages?

I'm looking to roll over my money once i've taken a perm role with my employer, i currently tie it down with recruitment super fund, is time to take superannuation seriously.



Please keep posting thanks guys

 

[Cyph]

Nationwide Super Fund

Returned 14% last year apparently in the 'moderate' risk.
Average of a 7% over a period of years.... don't know how long

 

[cro_angel]

im with REST
i dont know what return i get.. i only get a statement like once a year and this yr i only started getting money into it.. so i have no idea how much is in there
i dont really think people at our age really care about their super.. they arent earning enough to have a large sum of money in there

 

[mr EaZy]

in my first super fund, i was losing money! (fees -for life insurance - who needs that!)

thankfully it was transfered to a "lost" fund ,

then it got transfered back again. - STA, ill call em and cancel all the fees.

 

[_Bushra_]

im with REST too...i dont even know what it stands for!

i havent recieved any letter from them notifying me about money or anything that i have earnt...maybe i dont have any money in there...you know more fees then money being put in there yadda yadda

 

[iambored]

do you join through the work place or on your own?

 

[breaking]

im with REST
my employer pays money in there each month (tho only if i earn over a certain amount i think) and i also voluntarily contribute 10% of my weekly wages to the fund.

 

[Katie123]

i'm with rest. At first i had -$9 now i am pretty sure that i have positive money unless they did the fee thing again

 

[_Bushra_]

hrmmm i want to put money in it too but how do i go about it? i havent recived a statemnet or letter or anything...should i just ask one of my managers?

 

[breaking]

you should have filled out a form when u started work....... otherwise yeah just ask your managers they will help you out with it

 

[townie]

i'm with REST as well, most people in retail are (REST=Retail Employees Superannuation Trust) but i only get paid super if a make more than $450 a months

 

[t-i-m-m-y]

with REST too here... Retail employees superannuation Trust? i'm guessing basically all retail go there.. colesmyer does.. i work with boost they do too..

and i think its a little to early for ME to worry about super.. right now im happy with coles myer finance stuffing up and paying me 1.5x what i should be getting

 

[theone123]

is boost part of coles myer? :S

im with REST too, cept i my employer dont put anything into the super yet i have one.

 

[iambored]

is boost part of coles myer? :S

im with REST too, cept i my employer dont put anything into the super yet i have one.

no, i think he means boost is part of retail. which it isn't really is it? would you say it's hospitality, not retail, or still retail because they sell things?

 

[t-i-m-m-y]

boost isn't part of colesmyer.. two jobs

ummm i'm not sure if boost is hospitality or retail i'm thinking its more on the retail side.. i've checked on the industrial relations website.. my pay rate corresponds to some merchandise selling or something like that