We are here today to talk about Government sponsored savings. We are seeing more and more competition in this space.
The second biggest asset manager in the world, Vanguard have recently launched their very own Superannuation fund.
Three years ago Vanguard gave about $100 billion back to the big Australian super funds. And now they have launched their own super fund with a management fee for 0.58% for most options.
In this episode Bryce & Alec take a look at the ATO super comparison website and on first look, the Vanguard fees appear cheaper ... but be warned Vanguard’s fees look cheaper but are not so cheap when up against other Super Funds. Remember, fee's eat away at your returns. Head across to the Equity Mates Forum via our website to see the spreadsheet that Alec has created to demonstrate the comparisons they found.
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In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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