Millions have been defaulted

It’s a harsh reality, but most don’t meet the minimum standard for retirement. Millions have been unknowingly put in default accounts. And the overwhelming majority are not on track to support themselves in retirement. 

Unfortunately, most find out these facts when it’s too late.

All info from superannuation.asn.au ASFA Retirement Standard, 2018 / pc.gov.au Superannuation Inquiry, 2019 / abs.gov.au Retirement and Retirement Intentions, 2019

What's a default super?

Default investment options tend to underperform, regardless of the fund.

Multiple jobs often means multiple funds and fees.

Default accounts often come with “zombie” insurance.

All info from pc.gov.au Superannuation Inquiry, 2019

If you haven't looked into your super you may be disappointed, especially if you're in a default account.

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