Hello Here you will read CareSuper Review : Unpacking the Benefits and Features. Caresuper is one of the best low-fee and high-return funds in Australia. CareSuper makes a great pick for Australians seeking a hassle-free superannuation service. You will read here about the fees and insurance.
CareSuper Review : Unpacking the Benefits and Features :-
Fees :-
The yearly administration fee for CareSuper’s MySuper product is $345.
Pros:
- Low Administration Fee: CareSuper stands out for its affordable administration fee, which can help you save on costs.
- Impressive 10-Year Average Returns: Over the last decade, CareSuper has delivered an outstanding average return of 8.28%, potentially boosting your long-term savings.
- Accessible Customer Service Beyond Standard Hours: CareSuper offers the convenience of round-the-clock customer service, ensuring you have support when you need it most.
Cons:
- Income Protection Application Required: Accessing income protection through CareSuper necessitates an application process, which may involve additional paperwork.
- Extra Charges for Financial Advisory Services: If you seek financial advice, be prepared for additional fees, as this service is not included in the standard offering.
- Recent Negative Performance: It’s worth noting that CareSuper experienced a -3.38% return rate over the past year. This performance dip should be taken into account when assessing your investment options.
FAQ :-
Q1: Is CareSuper a good superfund ?
Ans. The Supercare Fund has low fees and high returns. It is the best fund as compared to others, but it has limited insurance options.
Q2: How can you ensure customer satisfaction ?
Ans. You can call customer care at (03) 9192 4416. Monday through Friday, 8 a.m. to 8 p.m.