Wednesday, February 01, 2017

I made a super switch

The email title was subtle - "Confirmation of your transaction". But it meant much more. Now my retirement savings are being invested ethically. Not with companies that are damaging the planet I will retire on.


The "transaction" was moving my old superannuation money into my fund with Australian Ethical.

If you are wondering about your current super fund, check out Super Switch. There you can also find a better fund - like Australian Ethical or Future Super.

PS. This was really easy to do. I'd already joined Australian Ethical so I just filled in a form to get my old (not so ethical) company to switch my savings across. Then the two companies sort it out for us. I should have done this ages ago.

PPS. As I write this my new fund averages 8.1% growth per year over the past decade. My previous fund did only 5.0%. It's great when the ethical decision is also a very profitable decision.

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