Australian Finance Podcast

Zero-fee super: Scam or smart? ETF crash myths and FHSSS traps – Q&A

Nov 13, 2025
This discussion tackles the intriguing issue of zero-fee super funds and the hidden risks they may hide. The hosts explore what a reasonable turnaround time for financial advisers looks like and how to maintain effective communication. They ease market crash fears with strategies for reassuring those anxious about financial downturns. Additionally, they clarify the implications of becoming ineligible for FHSS contributions. Lastly, they define the ‘cost of opening your front door’ and its importance in understanding daily financial needs.
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INSIGHT

How Macquarie True Index Actually Works

  • Macquarie's True Index uses a swap/derivative to deliver index returns while it keeps any excess returns.
  • That structure reduces visible fees but shifts how the manager earns, which changes how you should assess value.
ADVICE

Check The Whole Fee Picture

  • Don't assume "zero fee" means no other costs; REST still charges administration and member fees.
  • Review the full Product Disclosure Statement and insurance before changing super funds.
ADVICE

Prioritise Transparency Over Lowest Fee

  • If a product hides how the manager earns, prefer options where fees and payments are transparent so you know who benefits.
  • Choose investments that let you sleep at night, even if it means paying a small visible fee.
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