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The best superannuation fund is the fund that is right for you. With recent changes to the superannuation system in Australia, the nature of super funds has changed. This has had the effect of allowing you to get the most money from your savings, and not being tied in to a particular super fund. Today in Australia you can find the best super fund by comparing superannuation funds across the board and determining what is right for your income and the industry you work in.
In Australia, there are industry based super funds that are run to profit the members, examples include Hostplus, Hesta, Cbus, and AustralianSuper, these are examples of industry super funds that are made for various industries, no commissions are paid and they are run to profit industry members. There are also options from some of the larger finance providers in Australia such as Colonial and MLC. In addition the nest Australian superannuation fund is often a self managed fund or DIY account. It is all about comparisons and what is right for you.
