Colonial and industry super

My step daughter is 23 and works in insurance. Her salary is about $58,000 pa (+ super).

The company use Colonial as their fund of choice. She has just been told that they will increase their rates for life insurance and salary continuation insurance by between 22-25%. This will obviously affect her returns over the next few decades.

I wish to advise her to move funds. Can you please suggest some industry funds?

A: I would suggest that she look at Australian Super, REST and Catholic Super.


Comparison sites such as Super Ratings, or Chant West can help in any review process.


I note that Super Ratings also reviews the cost of insurance in super.



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