I switched most of my Super to Netwealth a couple of years ago.
Cannot rate them highly enough.
I use Netwealth Super Accelerator Plus.
They are easily IMO the best platform out there, especially as you don't need
an advisor to run it for you ( and charge fees ). Do it all yourself.
Thus you have most of the advantages of a SMSF without any of the admin, auditing
and taxation hassles.
It's so easy to buy and sell shares, LICs, ETFs, unlisted managed funds etc
on their website account. I can do it on my mobile phone during a 5 minute
coffee break at work.
The list of available managed funds is enormous, with lots of funds normally
only available to wholesale or institutional investors, thus the fees are lower than
are charged to direct retail investors in similar retail managed funds.
And they are one of the few that allow you to trade International stocks as well,
although personally I use managed funds, LICs and ETFs for international investing.
I have an employer Industry Super fund as well. It is dead simple for me on
Netwealth website to request money transfer from the Industry fund
over to my Netwealth Super fund. No forms to fill in or sign !
I do it a few times a year, and the money is switched over usually in a week.
It still blows me away as I remember the paperwork hassles and long time delays that
occurred only a few years ago.
they also allow you participate in IPOs. A few times I have emailed them to ask if
I can buy into an IPO, and they replied yeah sure, just fill in this attachment
and email back to us. Done.
Account fees are very reasonable
Account balance % applicable
$0 to $250,000 0.59% p.a
$250,001 to $500,000 0.45% p.a
$500,001 to $1 million 0.25% p.a.
Balance over $1 million Nil
It doesn't surprise me they have won lots of awards and their shareprice has gone gangbusters since
listing.
as per their website :
"Our awards include: Joint winner, award for ‘Overall Satisfaction with Platform’, Investment Trends 2017 Planner Technology Report; Winner, award for ‘Best Platform Overall', Investment Trends 2016 Platform Benchmarking Report; SuperRatings 2016 Gold Rating for Netwealth Super Accelerator Core and Plus for our Super and Standard Income Stream products (for details of SuperRatings’ rating criteria visit
www.superratings.com.au); Winner in the Investment Platform Provider category of SMSFAdviser magazine’s 2017 SMSF Awards."
(20min delay)
