-15 percent interest TAIST Superannuation
Went online to check employer contribution rececently and noticed large amount of money gone from my balance. Rang TAIST as there are no statements or current interest earning rates online. Last statement the interest was -6% which was apparantly average for most super accounts in Australia so didn't change funds. Statements are due June/July. But was told the current rate is -15%. Shocking, can't believe they let it get so low and am sure it must be below average. Don't trust the Trustees. Can anyone recommend a fund to transfer to (not self-managed), hopefully with a rate not below -4%. Am now wondering if many people are still with TAIST as they were going to close or merge a while ago. Thanks.