I'm in exactly the same position.

I simply withdraw my payments every 6 months and transfer to my other super account.

No need to stress.

Win/win all round.

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No different to anyone who works in the public sector, where you are forced to have Triple S, CommSuper etc., why is this person so special ?! (Answer: they're not).

If those funds underperform, you can't move and even if you could, it is often because they are untaxed super funds (hence, golden handcuffs) and you'd have to be doing MUCH better in your other super fund.

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How are the two comments on this story both from people saying, "Yeah it sucks but I had to deal with it so why shouldn't everyone else have to suffer too?"

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Stella, do you have something constructive to say ? I think Kris's comment made perfect sense, and my comment highlights that it is not just this person and their fund, it is other people as well and not an isolated case. Hence, maybe those who are able to give a platform to it (Money Magazine) should do a wider feature on it, so that enough people learn about it and get angry enough to do something ?

Super (as a system) sucks, because you are charged on the way in, in there and on the way out (just like any other investment, really). The only good thing is the tax relief and the forced savings, which most people need, otherwise they'd retire with nothing. And choosing a super fund is literally a lottery, because you hope you get a good one. QED.

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