Canberra

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For stuff related to Canberra and the surrounding region.

The icon is a Gang Gang Cockatoo, which is a pretty cool bird and also the ACT faunal emblem.

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Public servants - any super suggestions? (aussie.zone)

submitted 2 months ago* (last edited 2 months ago) by [email protected] to c/[email protected]

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Asking here, as, let's face it, this would make up a large portion of those who subscribed here.

I'm ex APS and my super offering when I joined was public sector superannuation accumulation plan (PSSap). - edited due to doing the unsavoury assumption that people know the APS-centric initialism, but figured only pubes would answer

The returns are shit, and the fees are high. I don't have consistent income these days but I do contribute to my super as much as I can. But it's pretty dispiriting to see what I do add getting chewed up by fees.

Any recommendations for a move? Bonus points for ethical investments.

I've tried my hand at researching better options but my brain and numbers aren't friends and I end up getting frustrated and not getting very far.

Should add, I'm in my late 30s so retirement is a fair way off.

I welcome any recommendations or must-avoids.

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[–] RarePossum 2 points 2 months ago

You'll get the lowest fees by using something that offers an Index but requires you to roll your own mixture. QSuper/ART allows you to do this. They have some ethical options I think.

Also check out https://passiveinvestingaustralia.com/ once you can think again