 |
Switching - easier than you think Read our tips if you are thinking about switching bank accounts, home loans or credit cards |
| Warning Please do not use this worksheet if you are able to receive 'defined benefits' as a member of a 'defined benefit' super fund. Instead, read about defined benefit super funds |
 | Your employer's default fund | Industry fund | Retail fund |
| Fund name | | | |
| Any extra super benefits? | |||
| Extra employer contributions? | | | |
| Redundancy benefits? | | | |
| Fees and costs | |||
| Management costs for your investment option as % of your total account | | | |
| Amount of any additional dollar-based management costs | | | |
| Contribution fee, as % of each contribution* | | | |
| Withdrawal fee, as % of each amount withdrawn* | | | |
| Termination fee, as % of your total account on closing it* | | | |
| Service fees, for example, switching fee, adviser service fee | | | |
| Insurance | |||
| Automatic cover or subject to medical questionnaire or exam? | | | |
| Life insurance: $ cost per year for the amount of cover you want or cost of compulsory cover | | | |
| Total and permanent disability: $ cost per year for the amount of cover you want or cost of compulsory cover | | | |
| Salary continuance or temporary disability cover for up to 2 years: $ cost per year for the amount of cover you want | | | |
| Any relevant restrictions, for example, age limits, dangerous jobs, maternity leave | | | |
| Investment options | |||
| At least one growth and one conservative option? Yes/No | | | |
| Enough options for you? Yes/No | | | |
| Investment performance | |||
| % each year, based on average 5-year performance of your investment option | | | |
| Other services and features you need | |||
| Insert relevant details | | | |
