When it comes to choosing a super fund, in most cases you can either nominate your own fund or let your employer choose for you (read up on how to choose a super fund here
. If you don’t choose your own super fund, your employer is generally required to put you into a MySuper account which is generally a low cost super fund which automatically invests your money and provides some insurance cover.
Often the sensible option is to do some research, consider what benefits different super funds offer such as insurance or investment choices as well as fees and charges and choose the fund that works for you.
Whatever your reasoning, it’s best to intentionally choose a super fund rather than hoping the one your employer has chosen will do. By the time you retire, it could make a world of difference to your savings.